Hershey Financial Advisers LLC Makes New Investment in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Hershey Financial Advisers LLC bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, Holdings Channel reports. The fund bought 7,529 shares of the company’s stock, valued at approximately $505,000.

Other institutional investors also recently bought and sold shares of the company. Millstone Evans Group LLC purchased a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth about $33,000. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Quality ETF during the third quarter worth about $34,000. Briaud Financial Planning Inc purchased a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth about $34,000. Luken Investment Analytics LLC purchased a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth about $40,000. Finally, Lee Danner & Bass Inc. purchased a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth about $40,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $66.43 on Monday. The firm’s 50-day moving average is $68.92 and its two-hundred day moving average is $68.00. Invesco S&P 500 Quality ETF has a 12 month low of $57.17 and a 12 month high of $71.22. The company has a market capitalization of $11.49 billion, a PE ratio of 27.16 and a beta of 0.93.

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.