6,407 Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Purchased by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 6,407 shares of the company’s stock, valued at approximately $407,000.

A number of other hedge funds also recently bought and sold shares of SPHQ. Woodmont Investment Counsel LLC acquired a new stake in Invesco S&P 500 Quality ETF during the first quarter worth $25,000. Glassman Wealth Services increased its stake in Invesco S&P 500 Quality ETF by 121.7% during the 4th quarter. Glassman Wealth Services now owns 510 shares of the company’s stock worth $28,000 after buying an additional 280 shares during the period. ORG Partners LLC purchased a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at approximately $45,000. Pineridge Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the first quarter worth $47,000. Finally, Sound Income Strategies LLC increased its position in shares of Invesco S&P 500 Quality ETF by 58.0% during the first quarter. Sound Income Strategies LLC now owns 915 shares of the company’s stock worth $55,000 after acquiring an additional 336 shares during the period.

Invesco S&P 500 Quality ETF Trading Up 0.3 %

NYSEARCA:SPHQ traded up $0.22 during midday trading on Wednesday, reaching $65.93. The company had a trading volume of 713,860 shares, compared to its average volume of 983,817. Invesco S&P 500 Quality ETF has a 12-month low of $47.72 and a 12-month high of $66.14. The firm has a market capitalization of $9.85 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The stock’s fifty day simple moving average is $64.08 and its 200-day simple moving average is $61.15.

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.