TAGStone Capital Inc. Increases Position in Invesco S&P 500 Quality ETF $SPHQ

TAGStone Capital Inc. boosted its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 33.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,420 shares of the company’s stock after purchasing an additional 7,640 shares during the quarter. TAGStone Capital Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $2,283,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPHQ. MTM Investment Management LLC purchased a new stake in Invesco S&P 500 Quality ETF in the fourth quarter worth about $26,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth approximately $33,000. Ancora Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth approximately $35,000. Dunhill Financial LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 10,060.0% in the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after buying an additional 503 shares in the last quarter. Finally, Burkett Financial Services LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth approximately $37,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $86.34 on Thursday. The firm’s 50 day moving average price is $80.59 and its 200-day moving average price is $78.14. The company has a market cap of $18.38 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 52-week low of $68.89 and a 52-week high of $86.56.

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.