Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $81.11 and last traded at $81.06, with a volume of 966616 shares traded. The stock had previously closed at $80.01.
Invesco S&P 500 Quality ETF Stock Performance
The company has a market capitalization of $17.26 billion, a PE ratio of 25.36 and a beta of 0.92. The firm’s 50-day simple moving average is $78.12 and its 200 day simple moving average is $76.54.
Institutional Investors Weigh In On Invesco S&P 500 Quality ETF
Institutional investors have recently made changes to their positions in the stock. MTM Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth $26,000. Bell Investment Advisors Inc purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth $28,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth about $33,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth about $33,000.
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.
Further Reading
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