Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) is Tidemark LLC’s 4th Largest Position

Tidemark LLC lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 9.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 180,045 shares of the company’s stock after buying an additional 14,814 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 5.0% of Tidemark LLC’s portfolio, making the stock its 4th biggest position. Tidemark LLC’s holdings in Invesco S&P 500 Quality ETF were worth $12,112,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of SPHQ. GPS Wealth Strategies Group LLC boosted its position in Invesco S&P 500 Quality ETF by 25.7% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,016 shares of the company’s stock valued at $65,000 after buying an additional 208 shares during the period. SteelPeak Wealth LLC boosted its holdings in Invesco S&P 500 Quality ETF by 1.2% in the second quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock valued at $1,171,000 after purchasing an additional 219 shares during the period. Stratos Wealth Advisors LLC grew its stake in Invesco S&P 500 Quality ETF by 1.4% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock worth $1,082,000 after purchasing an additional 225 shares in the last quarter. Huntington National Bank increased its holdings in Invesco S&P 500 Quality ETF by 11.4% during the 3rd quarter. Huntington National Bank now owns 2,428 shares of the company’s stock worth $163,000 after purchasing an additional 249 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its position in Invesco S&P 500 Quality ETF by 2.2% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock valued at $786,000 after purchasing an additional 266 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $67.04 on Monday. The stock has a 50-day simple moving average of $67.06 and a 200-day simple moving average of $64.68. Invesco S&P 500 Quality ETF has a 1 year low of $51.35 and a 1 year high of $68.75. The stock has a market capitalization of $10.02 billion, a PE ratio of 22.60 and a beta of 0.98.

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.