Saxon Interests Inc. Purchases New Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Saxon Interests Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,197 shares of the company’s stock, valued at approximately $1,423,000.

Several other large investors have also recently made changes to their positions in the business. Hoese & Co LLP increased its position in Invesco S&P 500 Quality ETF by 94.3% during the 2nd quarter. Hoese & Co LLP now owns 141,532 shares of the company’s stock valued at $7,140,000 after buying an additional 68,707 shares in the last quarter. Strategies Wealth Advisors LLC boosted its stake in Invesco S&P 500 Quality ETF by 6.0% in the 2nd quarter. Strategies Wealth Advisors LLC now owns 139,905 shares of the company’s stock worth $7,058,000 after purchasing an additional 7,975 shares in the last quarter. WJ Wealth Management LLC grew its position in Invesco S&P 500 Quality ETF by 97.3% during the 2nd quarter. WJ Wealth Management LLC now owns 11,956 shares of the company’s stock valued at $603,000 after purchasing an additional 5,897 shares during the last quarter. Wealth Management Resources Inc. grew its position in Invesco S&P 500 Quality ETF by 62.4% during the 2nd quarter. Wealth Management Resources Inc. now owns 741,417 shares of the company’s stock valued at $13,403,000 after purchasing an additional 284,908 shares during the last quarter. Finally, Flagship Harbor Advisors LLC increased its stake in Invesco S&P 500 Quality ETF by 181.6% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 141,282 shares of the company’s stock valued at $7,128,000 after purchasing an additional 91,115 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ traded down $0.42 during mid-day trading on Tuesday, reaching $51.16. The stock had a trading volume of 344,274 shares, compared to its average volume of 662,886. The company has a fifty day moving average price of $51.57 and a 200 day moving average price of $49.09. Invesco S&P 500 Quality ETF has a 1 year low of $39.18 and a 1 year high of $52.83. The stock has a market cap of $5.53 billion, a PE ratio of 16.07 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.