Compass Financial Group Inc. Ohio Makes New $2.93 Million Investment in Invesco S&P 500 Quality ETF $SPHQ

Compass Financial Group Inc. Ohio purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 39,085 shares of the company’s stock, valued at approximately $2,933,000. Invesco S&P 500 Quality ETF comprises 2.1% of Compass Financial Group Inc. Ohio’s investment portfolio, making the stock its 17th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in SPHQ. Brighton Jones LLC increased its stake in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after acquiring an additional 151 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 51.2% in the first quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock valued at $388,000 after acquiring an additional 1,983 shares in the last quarter. Empowered Funds LLC acquired a new position in Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $875,000. Jane Street Group LLC increased its holdings in Invesco S&P 500 Quality ETF by 29.2% in the first quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after buying an additional 2,248 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Invesco S&P 500 Quality ETF by 53.5% during the 2nd quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock worth $8,218,000 after acquiring an additional 40,210 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock opened at $89.36 on Friday. The stock has a market cap of $19.02 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a fifty-two week low of $68.89 and a fifty-two week high of $89.94. The business has a 50 day moving average price of $83.32 and a 200 day moving average price of $79.26.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.