Invesco S&P 500 Quality ETF $SPHQ Stock: Ballast Inc. Increases Stake

Ballast Inc. boosted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 388,010 shares of the company’s stock after buying an additional 19,141 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 6.1% of Ballast Inc.’s holdings, making the stock its 3rd biggest holding. Ballast Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $32,624,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Trinity Wealth Management LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 154.0% in the 2nd quarter. Trinity Wealth Management LLC now owns 35,770 shares of the company’s stock worth $3,223,000 after purchasing an additional 21,689 shares during the period. TSG Advice Partners LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 439.9% during the first quarter. TSG Advice Partners LLC now owns 89,803 shares of the company’s stock valued at $6,752,000 after purchasing an additional 73,169 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF by 10.6% in the second quarter. NewEdge Advisors LLC now owns 162,662 shares of the company’s stock worth $14,656,000 after purchasing an additional 15,539 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth about $3,021,000. Finally, Total Clarity Wealth Management Inc. increased its stake in shares of Invesco S&P 500 Quality ETF by 46.9% during the first quarter. Total Clarity Wealth Management Inc. now owns 20,294 shares of the company’s stock valued at $1,526,000 after purchasing an additional 6,482 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.0%

Invesco S&P 500 Quality ETF stock traded down $0.03 during mid-day trading on Tuesday, hitting $84.24. The company had a trading volume of 408,706 shares, compared to its average volume of 1,596,809. The stock’s 50 day moving average price is $85.17 and its two-hundred day moving average price is $84.49. Invesco S&P 500 Quality ETF has a 12 month low of $71.57 and a 12 month high of $90.36. The company has a market capitalization of $18.80 billion, a PE ratio of 25.36 and a beta of 0.91.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.