Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Stock Short Interest Report for October

Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 149,565 shares, a drop of 75.7% from the October 15th total of 614,778 shares. Based on an average daily trading volume, of 1,258,526 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $85.03 on Thursday. The company’s fifty day moving average price is $84.28 and its 200 day moving average price is $82.93. Invesco S&P 500 Quality ETF has a 1 year low of $71.57 and a 1 year high of $90.36. The stock has a market capitalization of $19.02 billion, a P/E ratio of 25.36 and a beta of 0.91.

Institutional Trading of Invesco S&P 500 Quality ETF

A number of institutional investors and hedge funds have recently modified their holdings of SPHQ. HBW Advisory Services LLC boosted its holdings in Invesco S&P 500 Quality ETF by 1.2% in the 3rd quarter. HBW Advisory Services LLC now owns 10,350 shares of the company’s stock worth $870,000 after buying an additional 119 shares during the last quarter. Topor & Co. Korea lifted its holdings in Invesco S&P 500 Quality ETF by 0.3% in the 3rd quarter. Topor & Co. Korea now owns 50,051 shares of the company’s stock valued at $4,208,000 after purchasing an additional 133 shares in the last quarter. ERn Financial LLC lifted its holdings in Invesco S&P 500 Quality ETF by 0.6% in the 3rd quarter. ERn Financial LLC now owns 22,735 shares of the company’s stock valued at $1,912,000 after purchasing an additional 137 shares in the last quarter. Wisconsin Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Quality ETF by 0.4% in the 3rd quarter. Wisconsin Wealth Advisors LLC now owns 38,424 shares of the company’s stock valued at $3,231,000 after purchasing an additional 149 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Invesco S&P 500 Quality ETF by 24.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 780 shares of the company’s stock worth $66,000 after purchasing an additional 151 shares during the last quarter.

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.