Harbour Investments Inc. Boosts Stake in Invesco S&P 500 Quality ETF $SPHQ

Harbour Investments Inc. lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 34.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 154,557 shares of the company’s stock after acquiring an additional 39,816 shares during the quarter. Harbour Investments Inc. owned 0.08% of Invesco S&P 500 Quality ETF worth $11,599,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 4.5% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock worth $238,000 after acquiring an additional 136 shares in the last quarter. Verum Partners LLC lifted its stake in Invesco S&P 500 Quality ETF by 0.3% in the 4th quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock valued at $3,772,000 after buying an additional 141 shares in the last quarter. Latitude Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 3.0% in the 4th quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock valued at $379,000 after buying an additional 148 shares in the last quarter. Brighton Jones LLC lifted its stake in Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after buying an additional 151 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC lifted its stake in Invesco S&P 500 Quality ETF by 3.1% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 5,395 shares of the company’s stock valued at $405,000 after buying an additional 162 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $84.64 on Tuesday. The firm has a market capitalization of $18.02 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a twelve month low of $68.68 and a twelve month high of $84.97. The firm’s 50-day moving average price is $79.26 and its 200 day moving average price is $77.55.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.