MGO One Seven LLC Grows Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

MGO One Seven LLC lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 22.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,892 shares of the company’s stock after purchasing an additional 3,603 shares during the quarter. MGO One Seven LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in Invesco S&P 500 Quality ETF by 6.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,457,710 shares of the company’s stock worth $473,863,000 after buying an additional 479,490 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF by 6.1% in the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,019,899 shares of the company’s stock worth $446,044,000 after acquiring an additional 404,861 shares during the last quarter. Wells Fargo & Company MN lifted its position in Invesco S&P 500 Quality ETF by 38.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,147,557 shares of the company’s stock valued at $116,140,000 after acquiring an additional 601,790 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Invesco S&P 500 Quality ETF by 5.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,794,452 shares of the company’s stock valued at $114,019,000 after purchasing an additional 94,748 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its stake in Invesco S&P 500 Quality ETF by 5.9% during the 1st quarter. Osaic Holdings Inc. now owns 1,667,109 shares of the company’s stock valued at $100,729,000 after purchasing an additional 93,599 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock opened at $66.30 on Friday. Invesco S&P 500 Quality ETF has a 1-year low of $47.72 and a 1-year high of $66.66. The stock has a market capitalization of $9.91 billion, a P/E ratio of 22.60 and a beta of 0.98. The business has a fifty day moving average price of $64.60 and a 200-day moving average price of $62.09.

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.