Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Fortis Group Advisors LLC

Fortis Group Advisors LLC raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 47.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 58,941 shares of the company’s stock after acquiring an additional 18,984 shares during the period. Fortis Group Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares in the last quarter. Bogart Wealth LLC increased its position in Invesco S&P 500 Quality ETF by 19.2% during the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after purchasing an additional 155 shares during the period. Fragasso Financial Advisors Inc raised its stake in shares of Invesco S&P 500 Quality ETF by 0.5% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after buying an additional 157 shares in the last quarter. Brown Advisory Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 1.1% in the 2nd quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock valued at $1,107,000 after buying an additional 166 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 0.5% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after buying an additional 168 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $79.67 on Wednesday. The business’s fifty day moving average price is $77.15 and its 200 day moving average price is $74.58. The firm has a market capitalization of $16.27 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $80.58.

Invesco S&P 500 Quality ETF Company Profile

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.