Family Capital Management Inc. Acquires New Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Family Capital Management Inc. bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 3,630 shares of the company’s stock, valued at approximately $243,000.

Several other large investors have also recently added to or reduced their stakes in SPHQ. CWM LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 5.4% in the 3rd quarter. CWM LLC now owns 5,407 shares of the company’s stock worth $364,000 after acquiring an additional 275 shares during the period. Creative Planning raised its stake in shares of Invesco S&P 500 Quality ETF by 1.9% in the 3rd quarter. Creative Planning now owns 126,863 shares of the company’s stock worth $8,534,000 after buying an additional 2,367 shares in the last quarter. NBC Securities Inc. raised its position in Invesco S&P 500 Quality ETF by 39.0% in the third quarter. NBC Securities Inc. now owns 3,961 shares of the company’s stock worth $266,000 after acquiring an additional 1,111 shares in the last quarter. Cornerstone Wealth Management LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 0.8% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 107,992 shares of the company’s stock valued at $7,265,000 after purchasing an additional 864 shares in the last quarter. Finally, Avaii Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $6,070,000.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock opened at $71.12 on Friday. The firm has a market cap of $10.63 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 12 month low of $56.56 and a 12 month high of $71.12. The firm has a 50 day simple moving average of $68.61 and a 200 day simple moving average of $67.22.

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.