Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) is Family Investment Center Inc.’s 2nd Largest Position

Family Investment Center Inc. increased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 522,470 shares of the company’s stock after purchasing an additional 16,177 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 8.9% of Family Investment Center Inc.’s investment portfolio, making the stock its 2nd biggest position. Family Investment Center Inc. owned 0.35% of Invesco S&P 500 Quality ETF worth $35,021,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in SPHQ. Bank of Montreal Can increased its holdings in shares of Invesco S&P 500 Quality ETF by 47.5% in the second quarter. Bank of Montreal Can now owns 14,081 shares of the company’s stock worth $900,000 after buying an additional 4,537 shares during the period. Sanctuary Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF in the second quarter valued at approximately $796,000. Centaurus Financial Inc. bought a new stake in Invesco S&P 500 Quality ETF in the second quarter valued at approximately $187,000. Massmutual Trust Co. FSB ADV lifted its position in Invesco S&P 500 Quality ETF by 26.4% in the third quarter. Massmutual Trust Co. FSB ADV now owns 4,349 shares of the company’s stock valued at $293,000 after purchasing an additional 907 shares during the last quarter. Finally, KWB Wealth lifted its position in Invesco S&P 500 Quality ETF by 19.5% in the third quarter. KWB Wealth now owns 249,523 shares of the company’s stock valued at $15,855,000 after purchasing an additional 40,774 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $69.76 on Monday. Invesco S&P 500 Quality ETF has a fifty-two week low of $55.67 and a fifty-two week high of $70.69. The stock has a 50 day moving average price of $68.38 and a two-hundred day moving average price of $66.86. The company has a market capitalization of $10.43 billion, a P/E ratio of 22.60 and a beta of 0.98.

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.