Kentucky Trust Co Purchases Shares of 36,405 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Kentucky Trust Co purchased a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 36,405 shares of the company’s stock, valued at approximately $2,440,000. Invesco S&P 500 Quality ETF accounts for about 1.4% of Kentucky Trust Co’s investment portfolio, making the stock its 22nd biggest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHQ. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $38,000. Luken Investment Analytics LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $40,000. Blue Trust Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $43,000. Finally, VitalStone Financial LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 178.8% in the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after acquiring an additional 522 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $70.56 on Wednesday. The stock has a market cap of $10.55 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a one year low of $56.56 and a one year high of $70.69. The stock has a fifty day moving average price of $68.54 and a 200 day moving average price of $67.17.

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.