Koss Olinger Consulting LLC Takes Position in Invesco S&P 500 Quality ETF $SPHQ

Koss Olinger Consulting LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,510 shares of the company’s stock, valued at approximately $250,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Berkshire Money Management Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter worth $28,000. Independence Bank of Kentucky bought a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter worth $33,000. Golden State Wealth Management LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 612.2% in the first quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after buying an additional 453 shares during the last quarter. Arlington Trust Co LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter worth $36,000. Finally, Resources Management Corp CT ADV bought a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter worth $44,000.

Invesco S&P 500 Quality ETF Trading Up 0.6%

Shares of NYSEARCA:SPHQ opened at $75.00 on Tuesday. The company has a fifty day simple moving average of $73.05 and a 200 day simple moving average of $70.77. The firm has a market cap of $15.29 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $75.03.

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.