Luken Investment Analytics LLC Takes $40,000 Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Luken Investment Analytics LLC purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 600 shares of the company’s stock, valued at approximately $40,000.

Several other hedge funds have also recently added to or reduced their stakes in SPHQ. Capital Investment Advisory Services LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 2.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 7,463 shares of the company’s stock valued at $500,000 after buying an additional 193 shares in the last quarter. Gateway Wealth Partners LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 2.8% during the 4th quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock worth $362,000 after buying an additional 149 shares during the period. SteelPeak Wealth LLC boosted its holdings in Invesco S&P 500 Quality ETF by 36.8% during the fourth quarter. SteelPeak Wealth LLC now owns 19,927 shares of the company’s stock valued at $1,336,000 after acquiring an additional 5,363 shares during the period. Patriot Financial Group Insurance Agency LLC grew its holdings in Invesco S&P 500 Quality ETF by 19.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 13,678 shares of the company’s stock valued at $917,000 after buying an additional 2,199 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. increased its stake in Invesco S&P 500 Quality ETF by 0.7% during the fourth quarter. Wetzel Investment Advisors Inc. now owns 97,385 shares of the company’s stock valued at $6,528,000 after acquiring an additional 660 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 1.3 %

NYSEARCA SPHQ opened at $70.41 on Friday. Invesco S&P 500 Quality ETF has a twelve month low of $55.67 and a twelve month high of $70.54. The company’s 50-day simple moving average is $68.35 and its 200 day simple moving average is $66.80. The stock has a market cap of $10.52 billion, a P/E 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.