Lakeridge Wealth Management LLC grew its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,875 shares of the company’s stock after buying an additional 419 shares during the quarter. Lakeridge Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $327,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $34,000. Abich Financial Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $38,000. Luken Investment Analytics LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $40,000. Blue Trust Inc. acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $43,000. Finally, DHJJ Financial Advisors Ltd. boosted its position in Invesco S&P 500 Quality ETF by 42.1% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock valued at $69,000 after buying an additional 307 shares during the period.
Invesco S&P 500 Quality ETF Trading Down 0.4 %
Invesco S&P 500 Quality ETF stock opened at $70.82 on Friday. The firm has a market capitalization of $10.58 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a twelve month low of $56.56 and a twelve month high of $71.12. The stock’s fifty day simple moving average is $68.64 and its 200-day simple moving average is $67.30.
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.
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