Invesco S&P 500 Quality ETF Sees $264.7 Million Inflow

Recent analysis of week-over-week changes among ETFs reveals significant activity in the Invesco S&P 500 Quality ETF (Symbol: SPHQ). Notably, SPHQ experienced an inflow of approximately $264.7 million. This represents a 2.3% increase in outstanding units, rising from 177,380,000 to 181,510,000.

Among the ETF’s largest underlying securities, trading highlights today include Salesforce Inc (Symbol: CRM), which is down about 3.2%, PepsiCo Inc (Symbol: PEP) remaining flat, and Adobe Inc (Symbol: ADBE), declining by 3.1%. For a full list of holdings, please visit the SPHQ Holdings page. »

The accompanying chart illustrates SPHQ’s performance over the past year compared to its 200-day moving average:

Examining the chart shows that SPHQ’s lowest price in the past 52 weeks was $57.17 per share, while its peak reached $71.22. The ETF is currently trading at $62.88. Analyzing how the latest share price compares to the 200-day moving average can provide additional technical insights. Learn more about the 200-day moving average. »

Exchange-traded funds (ETFs) function similarly to stocks. However, instead of “shares,” investors buy and sell “units.” These units can be traded like stocks but can also be created or destroyed based on investor demand. Each week, we track changes in shares outstanding to identify ETFs with notable inflows or outflows. The creation of new units typically necessitates purchasing the ETF’s underlying holdings, while the destruction of units involves selling those holdings. Consequently, significant flows may affect the individual securities within the ETFs.

Click here to discover which 9 other ETFs have experienced notable inflows. »

Also see:

• Institutional Holders of CIFR
• GUSH Videos
• SPTN Average Annual Return

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.