Artesa Financial Group LLC Makes New Investment in Invesco S&P 500 Quality ETF $SPHQ

Artesa Financial Group LLC purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 95,831 shares of the company’s stock, valued at approximately $7,192,000. Invesco S&P 500 Quality ETF accounts for 7.4% of Artesa Financial Group LLC’s portfolio, making the stock its 3rd largest position.

Other large investors have also added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC grew its holdings in Invesco S&P 500 Quality ETF by 2.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 10,997 shares of the company’s stock valued at $825,000 after buying an additional 256 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Invesco S&P 500 Quality ETF by 28.1% in the 4th quarter. JPMorgan Chase & Co. now owns 536,698 shares of the company’s stock valued at $40,279,000 after buying an additional 117,604 shares in the last quarter. OneAscent Financial Services LLC grew its holdings in Invesco S&P 500 Quality ETF by 7.9% in the 4th quarter. OneAscent Financial Services LLC now owns 3,863 shares of the company’s stock valued at $290,000 after buying an additional 283 shares in the last quarter. OneAscent Family Office LLC grew its holdings in Invesco S&P 500 Quality ETF by 12.6% in the 4th quarter. OneAscent Family Office LLC now owns 7,495 shares of the company’s stock valued at $562,000 after buying an additional 838 shares in the last quarter. Finally, Total Wealth Planning & Management Inc. acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at $227,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $85.56 on Wednesday. The stock’s fifty day moving average price is $81.42 and its two-hundred day moving average price is $78.50. Invesco S&P 500 Quality ETF has a one year low of $68.89 and a one year high of $87.08. The firm has a market cap of $18.21 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.