Thurston Springer Miller Herd & Titak Inc. lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 18.5% in the fourth quarter, Holdings Channel reports. The firm owned 4,607 shares of the company’s stock after buying an additional 720 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $309,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of SPHQ. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 5.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock worth $527,025,000 after buying an additional 376,770 shares during the period. LPL Financial LLC lifted its stake in Invesco S&P 500 Quality ETF by 1.9% in the third quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock worth $520,920,000 after acquiring an additional 141,687 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 3.7% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,280,618 shares of the company’s stock worth $489,767,000 after acquiring an additional 260,719 shares in the last quarter. FMR LLC increased its position in Invesco S&P 500 Quality ETF by 4.5% during the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock valued at $286,796,000 after purchasing an additional 184,895 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 10.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock valued at $140,888,000 after purchasing an additional 197,353 shares in the last quarter.
Invesco S&P 500 Quality ETF Stock Performance
NYSEARCA SPHQ opened at $67.64 on Friday. The company has a market cap of $10.11 billion, a PE ratio of 22.60 and a beta of 0.98. The firm’s 50 day moving average price is $68.08 and its 200-day moving average price is $66.46. Invesco S&P 500 Quality ETF has a 52-week low of $53.81 and a 52-week high of $69.97.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Quality ETF
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?
- 3 Monster Growth Stocks to Buy Now
- UnitedHealth Group Pulls Back Into Another Healthy Opportunity
- What is a Special Dividend?
- Micron Technology: Riding the AI Wave to Long-Term Growth
Want to see what other hedge funds are holding SPHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report).
Receive News & Ratings for Invesco S&P 500 Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.