Sigma Planning Corp Increases Stock Position in Invesco S&P 500 Quality ETF $SPHQ

Sigma Planning Corp boosted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 13.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,913 shares of the company’s stock after buying an additional 9,323 shares during the quarter. Sigma Planning Corp’s holdings in Invesco S&P 500 Quality ETF were worth $5,933,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MTM Investment Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth about $26,000. Bell Investment Advisors Inc acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at about $28,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at about $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at about $33,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at about $33,000.

Invesco S&P 500 Quality ETF Trading Up 0.2%

NYSEARCA SPHQ opened at $87.03 on Wednesday. The stock has a market capitalization of $19.86 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a twelve month low of $70.26 and a twelve month high of $90.36. The stock has a 50-day moving average of $86.00 and a 200 day moving average of $80.80.

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.