Global Retirement Partners LLC Acquires 53,958 Shares of Invesco S&P 500 Quality ETF $SPHQ

Global Retirement Partners LLC lifted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 23.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 282,178 shares of the company’s stock after buying an additional 53,958 shares during the quarter. Global Retirement Partners LLC owned about 0.14% of Invesco S&P 500 Quality ETF worth $20,681,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Berkshire Money Management Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the second quarter worth $28,000. Independence Bank of Kentucky bought a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth about $33,000. Resources Management Corp CT ADV acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at about $44,000. Bogart Wealth LLC increased its position in Invesco S&P 500 Quality ETF by 19.2% in the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock valued at $69,000 after buying an additional 155 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. bought a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $72,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $75.41 on Friday. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $76.60. The business’s 50 day simple moving average is $74.53 and its two-hundred day simple moving average is $73.07. The firm has a market cap of $15.25 billion, a P/E ratio of 25.36 and a beta of 0.92.

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.