Total Clarity Wealth Management Inc. Boosts Stock Holdings in Invesco S&P 500 Quality ETF $SPHQ

Total Clarity Wealth Management Inc. grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 495.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,280 shares of the company’s stock after purchasing an additional 22,697 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,944,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SPHQ. Ameriprise Financial Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 45.7% during the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock valued at $365,193,000 after purchasing an additional 1,727,685 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 15.2% during the 1st quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock valued at $666,336,000 after purchasing an additional 1,325,931 shares in the last quarter. Alpine Bank Wealth Management purchased a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $73,239,000. Raymond James Financial Inc. increased its holdings in Invesco S&P 500 Quality ETF by 59.8% in the 1st quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock worth $159,230,000 after acquiring an additional 897,944 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Invesco S&P 500 Quality ETF by 37.0% in the 1st quarter. Bank of New York Mellon Corp now owns 2,594,265 shares of the company’s stock worth $172,104,000 after acquiring an additional 700,168 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $72.21 on Monday. The firm has a market cap of $14.79 billion, a PE ratio of 25.36 and a beta of 0.94. The firm has a fifty day moving average of $72.61 and a 200 day moving average of $69.95. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $74.45.

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.