Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Ameriflex Group Inc.

Ameriflex Group Inc. grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1,153.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,776 shares of the company’s stock after buying an additional 8,076 shares during the quarter. Ameriflex Group Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $643,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Dunhill Financial LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 10,060.0% during the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after acquiring an additional 503 shares during the period. Grey Fox Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at about $47,000. Smartleaf Asset Management LLC boosted its holdings in Invesco S&P 500 Quality ETF by 197.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 779 shares of the company’s stock valued at $57,000 after purchasing an additional 517 shares in the last quarter. Newbridge Financial Services Group Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at approximately $72,000. Finally, Optiver Holding B.V. acquired a new position in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $89,000.

Invesco S&P 500 Quality ETF Trading Down 1.5%

Shares of SPHQ stock opened at $77.36 on Friday. The company has a market cap of $15.80 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92. The stock has a 50 day simple moving average of $78.18 and a 200-day simple moving average of $75.25. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $81.04.

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.