Hartford Financial Management Inc. Buys New Position in Invesco S&P 500 Quality ETF $SPHQ

Hartford Financial Management Inc. bought a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,429 shares of the company’s stock, valued at approximately $2,054,000.

Other institutional investors have also bought and sold shares of the company. Trinity Wealth Management LLC grew its stake in Invesco S&P 500 Quality ETF by 154.0% during the second quarter. Trinity Wealth Management LLC now owns 35,770 shares of the company’s stock worth $3,223,000 after purchasing an additional 21,689 shares during the period. TSG Advice Partners LLC lifted its stake in Invesco S&P 500 Quality ETF by 439.9% in the first quarter. TSG Advice Partners LLC now owns 89,803 shares of the company’s stock valued at $6,752,000 after buying an additional 73,169 shares during the period. NewEdge Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 10.6% in the second quarter. NewEdge Advisors LLC now owns 162,662 shares of the company’s stock valued at $14,656,000 after buying an additional 15,539 shares during the period. Virginia Estate & Retirement Planning Advisors Inc. acquired a new position in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $3,021,000. Finally, Advisory Solutions Group LLC acquired a new position in Invesco S&P 500 Quality ETF in the second quarter valued at approximately $1,990,000.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $84.59 on Thursday. The stock has a market capitalization of $18.87 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 52-week low of $71.57 and a 52-week high of $90.36. The stock’s 50 day moving average price is $85.09 and its two-hundred day moving average price is $84.61.

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.