Concord Asset Management LLC VA Acquires New Position in Invesco S&P 500 Quality ETF $SPHQ

Concord Asset Management LLC VA bought a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 115,604 shares of the company’s stock, valued at approximately $8,238,000. Invesco S&P 500 Quality ETF comprises approximately 1.2% of Concord Asset Management LLC VA’s investment portfolio, making the stock its 21st biggest holding. Concord Asset Management LLC VA owned approximately 0.06% of Invesco S&P 500 Quality ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tsfg LLC raised its position in shares of Invesco S&P 500 Quality ETF by 10.7% during the 1st quarter. Tsfg LLC now owns 232,271 shares of the company’s stock worth $15,409,000 after purchasing an additional 22,441 shares during the period. Golden State Wealth Management LLC raised its position in shares of Invesco S&P 500 Quality ETF by 612.2% during the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after purchasing an additional 453 shares during the period. Farther Finance Advisors LLC raised its position in shares of Invesco S&P 500 Quality ETF by 349.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 3,306 shares of the company’s stock worth $236,000 after purchasing an additional 2,571 shares during the period. Belpointe Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $358,000. Finally, Perigon Wealth Management LLC raised its position in shares of Invesco S&P 500 Quality ETF by 114.5% during the 1st quarter. Perigon Wealth Management LLC now owns 13,031 shares of the company’s stock worth $864,000 after purchasing an additional 6,955 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 1.8%

Shares of Invesco S&P 500 Quality ETF stock opened at $72.21 on Monday. The business’s 50 day simple moving average is $72.61 and its 200-day simple moving average is $69.95. The stock has a market capitalization of $14.79 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month 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.