Snowden Capital Advisors LLC Increases Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Snowden Capital Advisors LLC grew its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 15.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 244,832 shares of the company’s stock after buying an additional 32,898 shares during the quarter. Snowden Capital Advisors LLC owned 0.25% of Invesco S&P 500 Quality ETF worth $11,585,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SPHQ. Advisors Preferred LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at about $38,000. CoreCap Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $47,000. Gradient Investments LLC increased its stake in Invesco S&P 500 Quality ETF by 39.3% during the 1st quarter. Gradient Investments LLC now owns 1,351 shares of the company’s stock worth $64,000 after buying an additional 381 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $64,000. Finally, SouthState Corp purchased a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $74,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock traded down $0.11 during trading hours on Tuesday, reaching $51.89. The company had a trading volume of 232,150 shares, compared to its average volume of 661,844. The stock has a fifty day moving average of $51.39 and a 200-day moving average of $48.86. The company has a market capitalization of $5.61 billion, a price-to-earnings ratio of 16.07 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 12-month low of $39.18 and a 12-month high of $52.83.

Invesco S&P 500 Quality ETF Company 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.