Essex LLC Takes Position in Invesco S&P 500 Quality ETF $SPHQ

Essex LLC bought a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the second quarter, HoldingsChannel.com reports. The fund bought 2,900 shares of the company’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPHQ. Berkshire Money Management Inc. bought a new stake in Invesco S&P 500 Quality ETF in the second quarter valued at approximately $28,000. Independence Bank of Kentucky bought a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $33,000. Golden State Wealth Management LLC raised its stake in Invesco S&P 500 Quality ETF by 612.2% in the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after acquiring an additional 453 shares during the period. Arlington Trust Co LLC bought a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at $36,000. Finally, Resources Management Corp CT ADV bought a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at $44,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ opened at $73.49 on Thursday. The firm has a market capitalization of $15.04 billion, a PE ratio of 25.36 and a beta of 0.94. The company’s 50-day moving average is $72.72 and its 200-day moving average is $70.05. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $74.45.

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.