Truvestments Capital LLC Takes $34,000 Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 3rd quarter, Holdings Channel reports. The fund acquired 500 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds have also modified their holdings of SPHQ. SYM FINANCIAL Corp bought a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at approximately $28,000. Abich Financial Wealth Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $38,000. Blue Trust Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $43,000. ORG Partners LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter worth $45,000. Finally, Wetzel Investment Advisors Inc. boosted its holdings in Invesco S&P 500 Quality ETF by 75.0% during the second quarter. Wetzel Investment Advisors Inc. now owns 875 shares of the company’s stock worth $53,000 after purchasing an additional 375 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.4 %

Invesco S&P 500 Quality ETF stock opened at $68.70 on Thursday. Invesco S&P 500 Quality ETF has a 1-year low of $51.50 and a 1-year high of $68.99. The company has a fifty day simple moving average of $67.31 and a 200 day simple moving average of $65.10. The company has a market cap of $10.27 billion, a P/E ratio of 22.60 and a beta of 0.98.

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.