IHT Wealth Management LLC Grows Stock Holdings in Invesco S&P 500 Quality ETF $SPHQ

IHT Wealth Management LLC raised its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 26.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 206,441 shares of the company’s stock after buying an additional 43,706 shares during the period. IHT Wealth Management LLC owned about 0.10% of Invesco S&P 500 Quality ETF worth $15,493,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. MTM Investment Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $26,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $33,000. Ancora Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth $35,000. Finally, Burkett Financial Services LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth $37,000.

Invesco S&P 500 Quality ETF Stock Down 0.5%

SPHQ opened at $88.27 on Thursday. Invesco S&P 500 Quality ETF has a 52 week low of $68.89 and a 52 week high of $89.93. The business has a fifty day simple moving average of $82.84 and a 200-day simple moving average of $79.09. The firm has a market cap of $18.79 billion, a P/E ratio of 25.36 and a beta of 0.91.

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.