Hazlett Burt & Watson Inc. Increases Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Hazlett Burt & Watson Inc. grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 20.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,788 shares of the company’s stock after purchasing an additional 1,487 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $561,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. GPS Wealth Strategies Group LLC raised its position in Invesco S&P 500 Quality ETF by 25.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,016 shares of the company’s stock valued at $65,000 after purchasing an additional 208 shares during the last quarter. SteelPeak Wealth LLC lifted its position in Invesco S&P 500 Quality ETF by 1.2% during the 2nd quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock valued at $1,171,000 after acquiring an additional 219 shares during the period. Verdence Capital Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 2.7% in the 1st quarter. Verdence Capital Advisors LLC now owns 8,322 shares of the company’s stock worth $503,000 after purchasing an additional 222 shares in the last quarter. MADDEN SECURITIES Corp boosted its holdings in Invesco S&P 500 Quality ETF by 1.4% in the second quarter. MADDEN SECURITIES Corp now owns 20,192 shares of the company’s stock worth $1,283,000 after acquiring an additional 284 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 2.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 11,718 shares of the company’s stock valued at $745,000 after acquiring an additional 291 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.5 %

Shares of NYSEARCA SPHQ opened at $65.51 on Wednesday. The company has a 50 day moving average of $64.53 and a 200 day moving average of $62.04. Invesco S&P 500 Quality ETF has a twelve month low of $47.72 and a twelve month high of $66.66. The firm has a market cap of $9.79 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.