Savvy Advisors Inc. Raises Holdings in Invesco S&P 500 Quality ETF $SPHQ

Savvy Advisors Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 22.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,799 shares of the company’s stock after purchasing an additional 1,076 shares during the quarter. Savvy Advisors Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $413,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Brighton Jones LLC increased its holdings in shares of 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 acquiring an additional 151 shares during the last quarter. Gateway Wealth Partners LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 2.8% in the 1st quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock valued at $368,000 after acquiring an additional 152 shares during the last quarter. Bogart Wealth LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 19.2% in the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock valued at $69,000 after acquiring an additional 155 shares during the last quarter. Trek Financial LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 3.1% in the 1st quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock valued at $377,000 after acquiring an additional 169 shares during the last quarter. Finally, Trivium Point Advisory LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 1.9% in the 1st quarter. Trivium Point Advisory LLC now owns 11,390 shares of the company’s stock valued at $756,000 after acquiring an additional 217 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $74.06 on Friday. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $75.03. The company has a market cap of $15.10 billion, a P/E ratio of 25.36 and a beta of 0.92. The business’s 50-day simple moving average is $73.19 and its 200-day simple moving average is $71.08.

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.