Fortune Financial Group Inc. purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 45,809 shares of the company’s stock, valued at approximately $3,438,000. Invesco S&P 500 Quality ETF makes up 3.5% of Fortune Financial Group Inc.’s holdings, making the stock its 6th biggest holding.
A number of other institutional investors have also recently modified their holdings of SPHQ. MTM Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $26,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at about $33,000. Ancora Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF in the third quarter valued at about $35,000. Dunhill Financial LLC increased its holdings in Invesco S&P 500 Quality ETF by 10,060.0% in the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock valued at $37,000 after buying an additional 503 shares in the last quarter. Finally, Burkett Financial Services LLC purchased a new position in Invesco S&P 500 Quality ETF in the third quarter valued at about $37,000.
Invesco S&P 500 Quality ETF Trading Down 1.6%
Shares of Invesco S&P 500 Quality ETF stock opened at $84.20 on Thursday. Invesco S&P 500 Quality ETF has a 12-month low of $68.89 and a 12-month high of $87.08. The stock has a market cap of $17.92 billion, a PE ratio of 25.36 and a beta of 0.91. The company has a 50-day moving average of $81.63 and a two-hundred day moving average of $78.59.
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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.
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