MADDEN SECURITIES Corp Increases Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

MADDEN SECURITIES Corp increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,192 shares of the company’s stock after purchasing an additional 284 shares during the quarter. MADDEN SECURITIES Corp’s holdings in Invesco S&P 500 Quality ETF were worth $1,283,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF by 2.7% in the first quarter. Verdence Capital Advisors LLC now owns 8,322 shares of the company’s stock valued at $503,000 after acquiring an additional 222 shares in the last quarter. Key Financial Inc raised its holdings in Invesco S&P 500 Quality ETF by 3.0% in the fourth quarter. Key Financial Inc now owns 7,789 shares of the company’s stock valued at $421,000 after acquiring an additional 230 shares in the last quarter. Glassman Wealth Services raised its holdings in Invesco S&P 500 Quality ETF by 121.7% in the fourth quarter. Glassman Wealth Services now owns 510 shares of the company’s stock valued at $28,000 after acquiring an additional 280 shares in the last quarter. Capital Investment Advisory Services LLC raised its holdings in Invesco S&P 500 Quality ETF by 3.6% in the first quarter. Capital Investment Advisory Services LLC now owns 8,643 shares of the company’s stock valued at $522,000 after acquiring an additional 297 shares in the last quarter. Finally, CWM LLC raised its holdings in Invesco S&P 500 Quality ETF by 6.8% in the second quarter. CWM LLC now owns 5,132 shares of the company’s stock valued at $326,000 after acquiring an additional 325 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

SPHQ traded up $1.39 during trading on Thursday, hitting $62.94. The company had a trading volume of 1,219,876 shares, compared to its average volume of 992,339. The company has a market cap of $9.41 billion, a PE ratio of 22.60 and a beta of 0.98. The business has a 50-day moving average of $63.73 and a 200-day moving average of $60.61. Invesco S&P 500 Quality ETF has a 1-year low of $47.72 and a 1-year high of $65.57.

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.