Childress Capital Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 34,162 shares of the company’s stock, valued at approximately $2,872,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. D.A. Davidson & CO. acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at $3,130,000. BOKF NA purchased a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at $136,000. Lynx Investment Advisory raised its position in Invesco S&P 500 Quality ETF by 5.5% during the third quarter. Lynx Investment Advisory now owns 148,608 shares of the company’s stock worth $12,495,000 after acquiring an additional 7,754 shares during the last quarter. Evensky & Katz LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $64,261,000. Finally, William Mack & Associates Inc. purchased a new position in Invesco S&P 500 Quality ETF during the third quarter worth $34,000.
Invesco S&P 500 Quality ETF Stock Up 0.8%
SPHQ opened at $84.83 on Friday. The firm has a market cap of $18.94 billion, a P/E ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 52 week low of $71.57 and a 52 week high of $90.36. The business’s fifty day simple moving average is $84.74 and its 200 day simple moving average is $82.66.
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.
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