RDA Financial Network Acquires Shares of 9,609 Invesco S&P 500 Quality ETF $SPHQ

RDA Financial Network bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 9,609 shares of the company’s stock, valued at approximately $866,000.

Other large investors have also modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Invesco S&P 500 Quality ETF by 4.5% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock valued at $238,000 after buying an additional 136 shares during the last quarter. Compound Planning Inc. boosted its position in Invesco S&P 500 Quality ETF by 1.0% during the fourth quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock worth $1,092,000 after acquiring an additional 138 shares during the last quarter. World Investment Advisors grew its stake in Invesco S&P 500 Quality ETF by 0.6% during the 1st quarter. World Investment Advisors now owns 24,754 shares of the company’s stock valued at $1,861,000 after acquiring an additional 142 shares in the last quarter. Latitude Advisors LLC grew its stake in Invesco S&P 500 Quality ETF by 3.0% during the 4th quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock valued at $379,000 after acquiring an additional 148 shares in the last quarter. Finally, Brighton Jones LLC grew its stake in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after acquiring an additional 151 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.6%

SPHQ stock opened at $85.14 on Tuesday. The firm has a 50-day moving average of $86.56 and a two-hundred day moving average of $81.65. Invesco S&P 500 Quality ETF has a 12 month low of $70.95 and a 12 month high of $90.36. The company has a market cap of $19.57 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90.

About Invesco S&P 500 Quality ETF

The Invesco S&P 500 Quality ETF (SPHQ) is an exchange-traded fund that is based on the S&P 500 Quality index. The fund tracks an index of US large-cap stocks selected by return on equity, changes in net operating assets and financial leverage. Stocks are weighted by these quality factors, scaled by market cap. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.