Christopher J. Hasenberg Inc Invests $16.81 Million in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Christopher J. Hasenberg Inc bought a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, Holdings Channel.com reports. The firm bought 310,821 shares of the company’s stock, valued at approximately $16,809,000. Invesco S&P 500 Quality ETF makes up approximately 9.4% of Christopher J. Hasenberg Inc’s holdings, making the stock its 6th largest position.

A number of other hedge funds have also recently bought and sold shares of SPHQ. Prevail Innovative Wealth Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 3.3% during the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 33,355 shares of the company’s stock valued at $1,804,000 after purchasing an additional 1,075 shares during the last quarter. Vectors Research Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at $233,000. Catalytic Wealth RIA LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth $3,141,000. TD Capital Management LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 7.3% in the 4th quarter. TD Capital Management LLC now owns 97,407 shares of the company’s stock worth $5,268,000 after acquiring an additional 6,617 shares during the last quarter. Finally, Focus Financial Network Inc. ADV acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $12,007,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ traded down $0.01 during midday trading on Monday, reaching $59.37. The company had a trading volume of 754,878 shares, compared to its average volume of 1,047,217. The company has a fifty day simple moving average of $59.18 and a two-hundred day simple moving average of $55.26. The firm has a market cap of $8.70 billion, a price-to-earnings ratio of 21.94 and a beta of 0.97. Invesco S&P 500 Quality ETF has a 1-year low of $46.73 and a 1-year high of $60.77.

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.