Union Savings Bank Boosts Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Union Savings Bank grew its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 12.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 388,123 shares of the company’s stock after purchasing an additional 41,842 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 12.8% of Union Savings Bank’s portfolio, making the stock its biggest position. Union Savings Bank owned 0.26% of Invesco S&P 500 Quality ETF worth $26,012,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter worth about $34,000. Abich Financial Wealth Management LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $38,000. Blue Trust Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $43,000. VitalStone Financial LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 178.8% during the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after buying an additional 522 shares during the period. Finally, Arrow Financial Corp bought a new position in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $106,000.

Invesco S&P 500 Quality ETF Stock Up 0.7 %

NYSEARCA:SPHQ opened at $68.11 on Monday. The firm’s fifty day simple moving average is $68.07 and its 200 day simple moving average is $66.53. The stock has a market cap of $10.18 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a twelve month low of $54.14 and a twelve month high of $69.97.

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.