Wealth Enhancement Advisory Services LLC Raises Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Wealth Enhancement Advisory Services LLC increased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,839,074 shares of the company’s stock after buying an additional 4,594 shares during the period. Invesco S&P 500 Quality ETF accounts for about 1.1% of Wealth Enhancement Advisory Services LLC’s portfolio, making the stock its 13th largest position. Wealth Enhancement Advisory Services LLC owned 0.05% of Invesco S&P 500 Quality ETF worth $527,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp bought a new position in shares of Invesco S&P 500 Quality ETF during the second quarter valued at approximately $28,000. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter valued at $34,000. Abich Financial Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at $38,000. Blue Trust Inc. bought a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth $43,000. Finally, VitalStone Financial LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 178.8% during the 3rd quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after purchasing an additional 522 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock traded down $1.03 during trading on Friday, reaching $66.21. 371,862 shares of the company traded hands, compared to its average volume of 1,019,990. The company has a market capitalization of $9.90 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The business has a 50 day simple moving average of $68.09 and a 200 day simple moving average of $66.36. Invesco S&P 500 Quality ETF has a 12 month low of $53.81 and a 12 month high of $69.97.

Invesco S&P 500 Quality ETF 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.