Richmond Investment Services LLC Makes New $506,000 Investment in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Richmond Investment Services LLC purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,546 shares of the company’s stock, valued at approximately $506,000.

Several other large investors have also recently made changes to their positions in the business. Bernard Wealth Management Corp. purchased a new position in Invesco S&P 500 Quality ETF during the 4th quarter valued at $26,000. Fourth Dimension Wealth LLC purchased a new position in Invesco S&P 500 Quality ETF during the 4th quarter valued at $26,000. Millstone Evans Group LLC purchased a new position in Invesco S&P 500 Quality ETF during the 4th quarter valued at $33,000. Briaud Financial Planning Inc purchased a new position in Invesco S&P 500 Quality ETF during the 4th quarter valued at $34,000. Finally, 10Elms LLP purchased a new position in Invesco S&P 500 Quality ETF during the 4th quarter valued at $35,000.

Invesco S&P 500 Quality ETF Trading Down 0.7%

Shares of Invesco S&P 500 Quality ETF stock opened at $68.99 on Friday. The company’s fifty day simple moving average is $65.78 and its two-hundred day simple moving average is $67.64. The company has a market cap of $13.03 billion, a P/E ratio of 27.61 and a beta of 0.95. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $71.22.

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.