Invesco Etf Profile

SPHQ Etf  USD 46.11  0.18  0.39%   
Market Performance
7 of 100
Odds Of Distress
Less than 32
Invesco SP is selling at 46.11 as of the 27th of January 2023; that is -0.39 percent down since the beginning of the trading day. The etf's last reported lowest price was 46.01. Invesco SP has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Invesco SP 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of December 2022 and ending today, the 27th of January 2023. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. SP 500 is traded on NYSEARCA Exchange in the United States. More on Invesco SP 500

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Invesco SP Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Invesco SP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Invesco SP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Older SymbolPIV
ChairmanBruce Bond
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Invesco SP's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerInvesco
Inception Date2005-12-02
BenchmarkS&P 500 Quality Index
Entity TypeRegulated Investment Company
Asset Under Management4.38 Billion
Average Trading Valume1.16 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard, Michael Jeanette, Tony Seisser, Jonathan Nixon
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents101
Market MakerIMC
Total Expense0.19
Management Fee0.15
Nav Price43.09
Two Hundred Day Average45.31
Ytd-17.98%
Average Daily Volume In Three Month825.76k
Fifty Two Week Low39.18
As Of Date25th of October 2022
Average Daily Volume Last 10 Day454.02k
Fifty Two Week High53.9
One Month5.93%
Fifty Day Average42.6
Three Month-1.42%
Beta In Three Year0.91
Invesco SP 500 [SPHQ] is traded in USA and was established 2005-12-06. Invesco SP 500 was previously known as INVESCO SP 500 and was traded on NYSEARCA Exchange under the symbol PIV. The fund is listed under Large Blend category and is part of Invesco family. Invesco SP 500 at this time have 3.15 B in assets. , while the total return for the last 3 years was 9.87%.
Check Invesco SP Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco SP 500 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Invesco SP 500 Etf Constituents

Invesco SP Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of Invesco SP jumping above the current price in 90 days from now is about 7.75%. The Invesco SP 500 probability density function shows the probability of Invesco SP etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.1531. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Invesco SP will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Invesco SP 500 is significantly underperforming NYSE Composite.
  Odds Below 46.11HorizonTargetOdds Above 46.11
92.10%90 days
 46.11 
7.75%
Based on a normal probability distribution, the odds of Invesco SP to move above the current price in 90 days from now is about 7.75 (This Invesco SP 500 probability density function shows the probability of Invesco Etf to fall within a particular range of prices over 90 days) .

Invesco SP Top Holders

Invesco SP Historical Income Statement

Invesco SP 500 Income Statement is one of the three primary financial statements used for reporting Invesco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Invesco SP 500 revenue and expense. Invesco SP Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of 27th of January 2023, Net Income is likely to grow to about 3.4 M. Also, Revenues is likely to grow to about 4.1 M View More Fundamentals

Invesco SP Against Markets

Picking the right benchmark for Invesco SP etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Invesco SP etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Invesco SP is critical whether you are bullish or bearish towards Invesco SP 500 at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco SP without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Invesco SP 500?

The danger of trading Invesco SP 500 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Invesco SP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Invesco SP. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco SP 500 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the Invesco SP 500 information on this page should be used as a complementary analysis to other Invesco SP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Invesco SP 500 price analysis, check to measure Invesco SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco SP is operating at the current time. Most of Invesco SP's value examination focuses on studying past and present price action to predict the probability of Invesco SP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Invesco SP's price. Additionally, you may evaluate how the addition of Invesco SP to your portfolios can decrease your overall portfolio volatility.
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The market value of Invesco SP 500 is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco SP's value that differs from its market value or its book value, called intrinsic value, which is Invesco SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco SP's market value can be influenced by many factors that don't directly affect Invesco SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco SP's value and its price as these two are different measures arrived at by different means. Investors typically determine Invesco SP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.