Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) is Fidelity D & D Bancorp Inc.’s 10th Largest Position

Fidelity D & D Bancorp Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 9.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,648 shares of the company’s stock after purchasing an additional 5,606 shares during the period. Invesco S&P 500 Quality ETF comprises approximately 3.0% of Fidelity D & D Bancorp Inc.’s holdings, making the stock its 10th biggest holding. Fidelity D & D Bancorp Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $4,488,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Gateway Wealth Partners LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 2.8% during the 1st quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock worth $368,000 after purchasing an additional 152 shares in the last quarter. Diversify Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at $264,000. WESPAC Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF by 2.9% in the 1st quarter. WESPAC Advisors LLC now owns 13,216 shares of the company’s stock valued at $877,000 after acquiring an additional 368 shares during the last quarter. Joseph Group Capital Management acquired a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at $107,000. Finally, Leavell Investment Management Inc. raised its holdings in Invesco S&P 500 Quality ETF by 19.1% in the 1st quarter. Leavell Investment Management Inc. now owns 26,991 shares of the company’s stock valued at $1,791,000 after acquiring an additional 4,330 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $71.19 on Friday. The stock has a fifty day moving average of $70.16 and a two-hundred day moving average of $68.18. The company has a market capitalization of $14.17 billion, a PE ratio of 26.48 and a beta of 0.94. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $72.22.

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.