Capstone Wealth Management Group LLC Grows Position in Invesco S&P 500 Quality ETF $SPHQ

Capstone Wealth Management Group LLC lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 60.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,312 shares of the company’s stock after purchasing an additional 42,104 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 3.5% of Capstone Wealth Management Group LLC’s portfolio, making the stock its 9th largest position. Capstone Wealth Management Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $8,445,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SPHQ. Brighton Jones LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 4.0% during the 4th 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 period. AQR Capital Management LLC increased its stake in 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 during the period. Empowered Funds LLC bought a new stake in Invesco S&P 500 Quality ETF in the first quarter valued at about $875,000. Jane Street Group LLC raised its position 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 worth $659,000 after purchasing an additional 2,248 shares in the last quarter. Finally, Invesco Ltd. raised its position in Invesco S&P 500 Quality ETF by 53.5% in the second quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock worth $8,218,000 after purchasing an additional 40,210 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 2.1%

NYSEARCA SPHQ opened at $86.69 on Wednesday. Invesco S&P 500 Quality ETF has a 1-year low of $70.26 and a 1-year high of $90.36. The company has a market capitalization of $19.58 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90. The stock’s 50 day moving average is $85.33 and its two-hundred day moving average is $80.39.

Invesco S&P 500 Quality ETF 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.