RFG Advisory LLC Increases Position in Invesco S&P 500 Quality ETF $SPHQ

RFG Advisory LLC increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 62.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 owned about 0.13% of Invesco S&P 500 Quality ETF worth $20,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPHQ. MTM Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $26,000. Bell Investment Advisors Inc purchased a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $28,000. IFC & Insurance Marketing Inc. purchased a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth $33,000. Finally, Ancora Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF during the third quarter worth $35,000.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $87.01 on Thursday. The company has a market cap of $18.52 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a one year low of $69.90 and a one year high of $90.26. The business’s fifty day moving average is $83.85 and its two-hundred day moving average is $79.57.

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.