Orgel Wealth Management LLC Has $25.11 Million Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Orgel Wealth Management LLC trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.3% in the fourth quarter, HoldingsChannel reports. The firm owned 374,546 shares of the company’s stock after selling 1,166 shares during the period. Invesco S&P 500 Quality ETF makes up 0.7% of Orgel Wealth Management LLC’s portfolio, making the stock its 23rd biggest position. Orgel Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $25,106,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Redhawk Wealth Advisors Inc. increased its stake in shares of Invesco S&P 500 Quality ETF by 0.5% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 45,970 shares of the company’s stock valued at $3,081,000 after buying an additional 221 shares in the last quarter. Stratos Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 1.4% during the third quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock valued at $1,082,000 after purchasing an additional 225 shares during the last quarter. Huntington National Bank increased its holdings in shares of Invesco S&P 500 Quality ETF by 11.4% in the third quarter. Huntington National Bank now owns 2,428 shares of the company’s stock valued at $163,000 after purchasing an additional 249 shares in the last quarter. Centaurus Financial Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 8.6% in the third quarter. Centaurus Financial Inc. now owns 3,198 shares of the company’s stock valued at $215,000 after purchasing an additional 253 shares in the last quarter. Finally, Weaver Consulting Group raised its position in Invesco S&P 500 Quality ETF by 1.1% in the 4th quarter. Weaver Consulting Group now owns 23,778 shares of the company’s stock worth $1,594,000 after purchasing an additional 260 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $68.11 on Friday. Invesco S&P 500 Quality ETF has a 52 week low of $54.14 and a 52 week high of $69.97. The firm has a market capitalization of $10.18 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The business’s fifty day moving average price is $68.07 and its two-hundred day moving average price is $66.51.

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.