Runnymede Capital Advisors Inc. Invests $374,000 in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Runnymede Capital Advisors Inc. bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,576 shares of the company’s stock, valued at approximately $374,000.

Several other large investors also recently made changes to their positions in SPHQ. Blue Trust Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 75.3% during the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock valued at $80,000 after acquiring an additional 508 shares during the period. Brookstone Capital Management lifted its stake in shares of Invesco S&P 500 Quality ETF by 25.4% during the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock valued at $711,000 after acquiring an additional 2,150 shares during the period. US Bancorp DE lifted its stake in shares of Invesco S&P 500 Quality ETF by 75.9% during the fourth quarter. US Bancorp DE now owns 11,911 shares of the company’s stock valued at $798,000 after acquiring an additional 5,140 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P 500 Quality ETF by 7.1% during the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock valued at $14,767,000 after acquiring an additional 14,481 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the third quarter valued at $1,273,000.

Invesco S&P 500 Quality ETF Stock Down 0.4 %

Shares of SPHQ opened at $66.43 on Friday. Invesco S&P 500 Quality ETF has a 12-month low of $57.17 and a 12-month high of $71.22. The firm has a market capitalization of $11.49 billion, a PE ratio of 27.16 and a beta of 0.93. The stock’s fifty day simple moving average is $68.92 and its 200-day simple moving average is $67.96.

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.