Capstone Wealth Management Group LLC Takes Position in Invesco S&P 500 Quality ETF $SPHQ

Capstone Wealth Management Group LLC acquired a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 70,208 shares of the company’s stock, valued at approximately $5,269,000. Invesco S&P 500 Quality ETF comprises 3.2% of Capstone Wealth Management Group LLC’s investment portfolio, making the stock its 15th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPHQ. Brighton Jones LLC boosted its position in Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after buying an additional 151 shares during the last quarter. AQR Capital Management LLC increased its holdings in Invesco S&P 500 Quality ETF by 51.2% in the 1st quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock worth $388,000 after buying an additional 1,983 shares during the period. Empowered Funds LLC purchased a new position in Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $875,000. Jane Street Group LLC raised its position in Invesco S&P 500 Quality ETF by 29.2% during the 1st quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock worth $659,000 after buying an additional 2,248 shares during the last quarter. Finally, Invesco Ltd. raised its position in Invesco S&P 500 Quality ETF by 53.5% during the 2nd quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock worth $8,218,000 after buying an additional 40,210 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $89.36 on Monday. The company has a 50 day simple moving average of $83.32 and a two-hundred day simple moving average of $79.30. The stock has a market cap of $19.02 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 12 month low of $68.89 and a 12 month high of $89.94.

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.