Farther Finance Advisors LLC Has $236,000 Position in Invesco S&P 500 Quality ETF $SPHQ

Farther Finance Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 349.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,306 shares of the company’s stock after acquiring an additional 2,571 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $236,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPHQ. Tsfg LLC lifted its position in Invesco S&P 500 Quality ETF by 10.7% in the first quarter. Tsfg LLC now owns 232,271 shares of the company’s stock worth $15,409,000 after purchasing an additional 22,441 shares during the period. Golden State Wealth Management LLC boosted its holdings in Invesco S&P 500 Quality ETF by 612.2% during the first quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after purchasing an additional 453 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $139,000. NBC Securities Inc. raised its stake in Invesco S&P 500 Quality ETF by 103,300.0% during the first quarter. NBC Securities Inc. now owns 4,136 shares of the company’s stock worth $274,000 after acquiring an additional 4,132 shares in the last quarter. Finally, Belpointe Asset Management LLC acquired a new position in Invesco S&P 500 Quality ETF during the first quarter worth $358,000.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $73.29 on Wednesday. The stock has a fifty day moving average price of $72.37 and a two-hundred day moving average price of $69.55. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $73.79. The firm has a market capitalization of $15.01 billion, a P/E ratio of 25.36 and a beta of 0.94.

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.