Park Edge Advisors LLC Increases Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Park Edge Advisors LLC increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 25.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,429 shares of the company’s stock after buying an additional 28,294 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 2.7% of Park Edge Advisors LLC’s portfolio, making the stock its 3rd largest position. Park Edge Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $9,346,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth about $34,000. Abich Financial Wealth Management LLC bought a new position in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $38,000. Blue Trust Inc. purchased a new position in Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $43,000. VitalStone Financial LLC lifted its position in Invesco S&P 500 Quality ETF by 178.8% in the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after purchasing an additional 522 shares during the last quarter. Finally, Arrow Financial Corp purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $106,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $69.41 on Friday. Invesco S&P 500 Quality ETF has a 52-week low of $55.67 and a 52-week high of $69.97. The company’s 50 day moving average price is $68.17 and its 200-day moving average price is $66.68. The stock has a market capitalization of $10.37 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

Invesco S&P 500 Quality ETF 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.