PowerShares S&P 500 Quality Portfolio ETF (SPHQ) - NYSEARCA
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SPHQ Description
The PowerShares S&P 500® Quality Portfolio (Fund) is based on the S&P 500® Quality Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index tracks the performance of stocks in the S&P 500® Index that have the highest quality score, which is calculated based on three fundamental measures, return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.
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Country: United States
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