Invesco S&P 500 Quality ETF $SPHQ Shares Newly Acquired by Integrity Alliance LLC.

Integrity Alliance LLC. acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 64,297 shares of the company’s stock, valued at approximately $5,406,000.

Other hedge funds also recently added to or reduced their stakes in the company. Tompkins Financial Corp bought a new position in Invesco S&P 500 Quality ETF during the 3rd quarter worth about $25,000. Cassaday & Co Wealth Management LLC purchased a new position in Invesco S&P 500 Quality ETF during the 1st quarter valued at about $27,000. William Mack & Associates Inc. purchased a new position in Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $34,000. Family Capital Trust Co purchased a new position in Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $42,000. Finally, Continuum Advisory LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $48,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $83.37 on Wednesday. The company has a 50 day moving average price of $84.59 and a 200-day moving average price of $82.74. Invesco S&P 500 Quality ETF has a fifty-two week low of $71.57 and a fifty-two week high of $90.36. The stock has a market capitalization of $18.64 billion, a PE ratio of 25.36 and a beta of 0.91.

About Invesco S&P 500 Quality ETF

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.