Greenwood Gearhart Inc. Buys New Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Greenwood Gearhart Inc. purchased a new stake 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 Securities & Exchange Commission. The institutional investor purchased 42,526 shares of the company’s stock, valued at approximately $2,851,000.

Several other institutional investors have also bought and sold shares of the business. Bernard Wealth Management Corp. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at about $26,000. Millstone Evans Group LLC purchased a new stake in Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $33,000. Briaud Financial Planning Inc bought a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $34,000. Luken Investment Analytics LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth approximately $40,000. Finally, Lee Danner & Bass Inc. bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $40,000.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $63.80 on Wednesday. The stock’s 50 day moving average price is $67.08 and its 200-day moving average price is $67.67. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22. The stock has a market cap of $11.32 billion, a price-to-earnings ratio of 26.90 and a beta of 0.93.

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.