Briaud Financial Planning Inc Makes New $34,000 Investment in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Briaud Financial Planning Inc acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 517 shares of the company’s stock, valued at approximately $34,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth $34,000. Luken Investment Analytics LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $40,000. DHJJ Financial Advisors Ltd. increased its stake in Invesco S&P 500 Quality ETF by 42.1% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock worth $69,000 after purchasing an additional 307 shares during the period. Noble Wealth Management PBC purchased a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth about $70,000. Finally, Blue Trust Inc. increased its stake in Invesco S&P 500 Quality ETF by 75.3% during the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock worth $80,000 after purchasing an additional 508 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $67.09 on Tuesday. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22. The company has a market cap of $11.35 billion, a PE ratio of 29.27 and a beta of 0.94. The business has a 50-day simple moving average of $69.04 and a 200-day simple moving average of $67.96.

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.