Symphony Financial Ltd. Co. Acquires 4,214 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Symphony Financial Ltd. Co. grew its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 132,409 shares of the company’s stock after purchasing an additional 4,214 shares during the quarter. Invesco S&P 500 Quality ETF makes up 1.5% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 19th largest holding. Symphony Financial Ltd. Co. owned 0.09% of Invesco S&P 500 Quality ETF worth $8,891,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. GPS Wealth Strategies Group LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 25.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,016 shares of the company’s stock worth $65,000 after acquiring an additional 208 shares during the period. SteelPeak Wealth LLC boosted its position in Invesco S&P 500 Quality ETF by 1.2% during the second quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock worth $1,171,000 after purchasing an additional 219 shares during the period. Stratos Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 1.4% in the third quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock worth $1,082,000 after purchasing an additional 225 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Invesco S&P 500 Quality ETF by 2.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock valued at $786,000 after purchasing an additional 266 shares during the period. Finally, CWM LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 5.4% during the 3rd quarter. CWM LLC now owns 5,407 shares of the company’s stock valued at $364,000 after buying an additional 275 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.6 %

Shares of SPHQ stock traded down $0.40 on Tuesday, reaching $67.39. The company’s stock had a trading volume of 783,307 shares, compared to its average volume of 965,554. Invesco S&P 500 Quality ETF has a 12-month low of $47.72 and a 12-month high of $68.38. The stock’s 50 day simple moving average is $66.42 and its 200-day simple moving average is $63.57. The company has a market capitalization of $10.07 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.