Hoese & Co LLP Grows Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Hoese & Co LLP increased its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 159,615 shares of the company’s stock after buying an additional 2,089 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 9.3% of Hoese & Co LLP’s investment portfolio, making the stock its 3rd biggest holding. Hoese & Co LLP’s holdings in Invesco S&P 500 Quality ETF were worth $10,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Quality ETF in the third quarter worth approximately $34,000. Abich Financial Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF during the third quarter valued at $38,000. Blue Trust Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $43,000. VitalStone Financial LLC grew its position in Invesco S&P 500 Quality ETF by 178.8% during the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after purchasing an additional 522 shares in the last quarter. Finally, Arrow Financial Corp acquired a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth $106,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $68.11 on Tuesday. The stock has a 50-day simple moving average of $68.06 and a 200-day simple moving average of $66.56. Invesco S&P 500 Quality ETF has a 52-week low of $54.14 and a 52-week high of $69.97. The firm has a market cap of $10.18 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

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.