Trinity Wealth Management LLC Grows Holdings in Invesco S&P 500 Quality ETF $SPHQ

Trinity Wealth Management LLC raised its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 154.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,770 shares of the company’s stock after buying an additional 21,689 shares during the period. Invesco S&P 500 Quality ETF comprises about 1.0% of Trinity Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position. Trinity Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Demars Financial Group LLC boosted its position in Invesco S&P 500 Quality ETF by 4.6% during the fourth quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock valued at $48,004,000 after buying an additional 28,275 shares during the period. Eagle Strategies LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 4.7% in the fourth quarter. Eagle Strategies LLC now owns 217,882 shares of the company’s stock worth $16,352,000 after buying an additional 9,845 shares during the period. Invariant Investment Management purchased a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth about $510,000. Trilogy Capital Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 9.9% in the 4th quarter. Trilogy Capital Inc. now owns 117,777 shares of the company’s stock valued at $8,839,000 after acquiring an additional 10,641 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its holdings in Invesco S&P 500 Quality ETF by 2,247.1% during the 4th quarter. Sequoia Financial Advisors LLC now owns 561,746 shares of the company’s stock valued at $42,159,000 after acquiring an additional 537,812 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $86.65 on Thursday. The business has a 50-day moving average of $86.61 and a 200 day moving average of $81.78. Invesco S&P 500 Quality ETF has a 1-year low of $70.99 and a 1-year high of $90.36. The stock has a market capitalization of $19.90 billion, a PE 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.