Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 48.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,725 shares of the company’s stock after purchasing an additional 2,852 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $472,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Sunbelt Securities Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the first quarter valued at approximately $25,000. Wolff Wiese Magana LLC increased its stake in Invesco S&P 500 Quality ETF by 105.8% in the third quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock valued at $28,000 after purchasing an additional 291 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of Invesco S&P 500 Quality ETF by 85.0% in the second quarter. Tower Research Capital LLC TRC now owns 566 shares of the company’s stock valued at $29,000 after buying an additional 260 shares during the last quarter. Armstrong Advisory Group Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 771.8% during the third quarter. Armstrong Advisory Group Inc. now owns 619 shares of the company’s stock worth $31,000 after buying an additional 548 shares during the period. Finally, Sound Income Strategies LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 149.6% during the fourth quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock worth $31,000 after buying an additional 347 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 1.0 %

SPHQ opened at $58.19 on Thursday. Invesco S&P 500 Quality ETF has a 52 week low of $46.71 and a 52 week high of $60.77. The business has a 50 day moving average price of $59.05 and a two-hundred day moving average price of $54.82. The company has a market cap of $8.43 billion, a PE ratio of 21.97 and a beta of 0.96.

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.