4,333 Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Bought by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC purchased a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,333 shares of the company’s stock, valued at approximately $275,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SPHQ. Fifth Third Bancorp boosted its stake in Invesco S&P 500 Quality ETF by 18,094.4% in the 1st quarter. Fifth Third Bancorp now owns 4,620,115 shares of the company’s stock worth $279,147,000 after purchasing an additional 4,594,722 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its stake in Invesco S&P 500 Quality ETF by 89.3% during the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,615,038 shares of the company’s stock valued at $399,681,000 after acquiring an additional 3,121,091 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Invesco S&P 500 Quality ETF by 20.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,978,220 shares of the company’s stock valued at $421,624,000 after acquiring an additional 1,183,904 shares in the last quarter. UBS Group AG increased its holdings in Invesco S&P 500 Quality ETF by 107.3% in the 4th quarter. UBS Group AG now owns 1,274,193 shares of the company’s stock valued at $68,908,000 after acquiring an additional 659,657 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Invesco S&P 500 Quality ETF by 38.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,147,557 shares of the company’s stock worth $116,140,000 after purchasing an additional 601,790 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.0 %

Invesco S&P 500 Quality ETF stock traded down $0.01 during mid-day trading on Tuesday, reaching $65.84. 258,279 shares of the company’s stock traded hands, compared to its average volume of 975,236. Invesco S&P 500 Quality ETF has a 12-month low of $47.72 and a 12-month high of $66.30. The stock has a 50 day moving average of $64.21 and a two-hundred day moving average of $61.40. The company has a market cap of $9.84 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

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.