Promus Capital LLC Buys Shares of 6,751 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Promus Capital LLC bought a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,751 shares of the company’s stock, valued at approximately $452,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. boosted its stake in Invesco S&P 500 Quality ETF by 43,723.2% during the 3rd quarter. Assetmark Inc. now owns 624,481 shares of the company’s stock valued at $42,009,000 after purchasing an additional 623,056 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 5.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after buying an additional 393,229 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Invesco S&P 500 Quality ETF by 66.5% in the 4th quarter. Jones Financial Companies Lllp now owns 766,218 shares of the company’s stock worth $51,360,000 after buying an additional 305,990 shares in the last quarter. Wealth Management Resources Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 132.6% in the 4th quarter. Wealth Management Resources Inc. now owns 502,362 shares of the company’s stock worth $33,673,000 after buying an additional 286,391 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 10.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after buying an additional 197,353 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $69.40 on Thursday. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22. The stock’s fifty day moving average is $69.02 and its 200-day moving average is $67.90. The company has a market capitalization of $11.75 billion, a PE ratio of 29.27 and a beta of 0.94.

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.