Silver Oak Securities Incorporated Invests $4.50 Million in Invesco S&P 500 Quality ETF $SPHQ

Silver Oak Securities Incorporated acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 59,903 shares of the company’s stock, valued at approximately $4,504,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SPHQ. MTM Investment Management LLC acquired a new position in Invesco S&P 500 Quality ETF during the 4th quarter worth about $26,000. Bell Investment Advisors Inc acquired a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $28,000. IFC & Insurance Marketing Inc. acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $33,000. Finally, Ancora Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF during the third quarter worth about $35,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $87.01 on Thursday. The stock has a market capitalization of $18.52 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 1 year low of $69.90 and a 1 year high of $90.26. The company’s 50-day simple moving average is $83.85 and its 200-day simple moving average is $79.57.

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.