Regal Investment Advisors LLC Has $465,000 Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Regal Investment Advisors LLC increased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 64.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,319 shares of the company’s stock after purchasing an additional 2,864 shares during the period. Regal Investment Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $465,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPHQ. NewEdge Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 10.5% during the second quarter. NewEdge Advisors LLC now owns 41,566 shares of the company’s stock worth $2,641,000 after buying an additional 3,940 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 Quality ETF by 5.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,385,058 shares of the company’s stock worth $88,007,000 after acquiring an additional 76,204 shares during the last quarter. Chicago Wealth Management Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 3.0% during the 2nd quarter. Chicago Wealth Management Inc. now owns 149,574 shares of the company’s stock worth $9,504,000 after acquiring an additional 4,299 shares in the last quarter. MidWestOne Financial Group Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter valued at approximately $321,000. Finally, Bank of Montreal Can lifted its position in shares of Invesco S&P 500 Quality ETF by 47.5% in the second quarter. Bank of Montreal Can now owns 14,081 shares of the company’s stock worth $900,000 after purchasing an additional 4,537 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.7 %

Invesco S&P 500 Quality ETF stock opened at $66.77 on Wednesday. Invesco S&P 500 Quality ETF has a 1-year low of $47.72 and a 1-year high of $67.54. The company has a fifty day simple moving average of $65.18 and a 200 day simple moving average of $62.80. The company has a market cap of $9.98 billion, a P/E ratio of 22.60 and a beta of 0.98.

About Invesco S&P 500 Quality ETF

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.