RFG Advisory LLC Boosts Stake in Invesco S&P 500 Quality ETF $SPHQ

RFG Advisory LLC raised its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 62.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 271,890 shares of the company’s stock after buying an additional 104,364 shares during the period. RFG Advisory LLC’s holdings in Invesco S&P 500 Quality ETF were worth $20,443,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SPHQ. Pinnacle Wealth Management Advisory Group LLC raised its holdings 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 worth $238,000 after acquiring an additional 136 shares during the last quarter. Compound Planning Inc. boosted its stake in shares of 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 valued at $1,092,000 after acquiring an additional 138 shares during the last quarter. Verum Partners LLC increased its position in Invesco S&P 500 Quality ETF by 0.3% during the 4th quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock worth $3,772,000 after purchasing an additional 141 shares in the last quarter. Latitude Advisors LLC increased its position 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 worth $379,000 after purchasing an additional 148 shares in the last quarter. Finally, Brighton Jones LLC raised its stake in Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.1%

Shares of SPHQ stock opened at $87.01 on Thursday. The company has a market capitalization of $18.52 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The firm has a 50-day moving average price of $83.85 and a 200 day moving average price of $79.57. Invesco S&P 500 Quality ETF has a twelve month low of $69.90 and a twelve month high of $90.26.

Invesco S&P 500 Quality ETF Company Profile

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.