Glass Jacobson Investment Advisors llc Increases Position in Invesco S&P 500 Quality ETF $SPHQ

Glass Jacobson Investment Advisors llc boosted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 28.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,589 shares of the company’s stock after acquiring an additional 4,722 shares during the period. Glass Jacobson Investment Advisors llc’s holdings in Invesco S&P 500 Quality ETF were worth $1,538,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Berkshire Money Management Inc. acquired a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $28,000. Independence Bank of Kentucky acquired a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $33,000. Golden State Wealth Management LLC boosted its holdings 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 purchasing an additional 453 shares during the last quarter. Arlington Trust Co LLC acquired a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $36,000. Finally, Resources Management Corp CT ADV acquired a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $44,000.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $74.55 on Friday. The firm has a market capitalization of $15.20 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. The company’s 50-day moving average is $72.99 and its two-hundred day moving average is $70.57. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $74.97.

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.