Capstone Wealth Management Group LLC Purchases 42,104 Shares of Invesco S&P 500 Quality ETF $SPHQ

Capstone Wealth Management Group LLC increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 60.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 112,312 shares of the company’s stock after acquiring an additional 42,104 shares during the quarter. Invesco S&P 500 Quality ETF comprises about 3.5% of Capstone Wealth Management Group LLC’s investment portfolio, making the stock its 9th biggest position. Capstone Wealth Management Group LLC owned about 0.05% of Invesco S&P 500 Quality ETF worth $8,445,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Ausdal Financial Partners Inc. increased its position in Invesco S&P 500 Quality ETF by 187.2% during the third quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock worth $3,036,000 after acquiring an additional 27,003 shares during the period. Demars Financial Group LLC boosted its holdings in Invesco S&P 500 Quality ETF by 4.6% in the 4th quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock valued at $48,004,000 after purchasing an additional 28,275 shares during the period. Alpine Bank Wealth Management grew its position in Invesco S&P 500 Quality ETF by 1.3% in the 4th quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock worth $41,657,000 after purchasing an additional 7,296 shares during the last quarter. Capital Advisors Ltd. LLC grew its position in Invesco S&P 500 Quality ETF by 44.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 42,599 shares of the company’s stock worth $3,197,000 after purchasing an additional 13,025 shares during the last quarter. Finally, Sherman Wealth Management LLC acquired a new stake in Invesco S&P 500 Quality ETF in the 4th quarter worth $1,003,000.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $86.69 on Wednesday. The firm’s 50-day moving average is $85.33 and its 200-day moving average is $80.39. The company has a market cap of $19.58 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 52-week low of $70.26 and a 52-week high of $90.36.

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.