Fiduciary Alliance LLC Purchases 28,227 Shares of Invesco S&P 500 Quality ETF $SPHQ

Fiduciary Alliance LLC lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 81.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 62,792 shares of the company’s stock after buying an additional 28,227 shares during the quarter. Fiduciary Alliance LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,986,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. MTM Investment Management LLC bought a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth about $26,000. Bell Investment Advisors Inc bought a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $28,000. IFC & Insurance Marketing Inc. bought a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $33,000. Finally, Ancora Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $35,000.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $87.01 on Thursday. The business has a fifty day moving average price of $83.85 and a two-hundred day moving average price of $79.57. Invesco S&P 500 Quality ETF has a fifty-two week low of $69.90 and a fifty-two week high of $90.26. The stock has a market capitalization of $18.52 billion, a PE ratio of 25.36 and a beta of 0.91.

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.