Avaii Wealth Management LLC Increases Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Avaii Wealth Management LLC raised its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 90,925 shares of the company’s stock after purchasing an additional 690 shares during the quarter. Invesco S&P 500 Quality ETF accounts for about 3.0% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding. Avaii Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $6,095,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC increased its position in shares of 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 valued at $265,000 after acquiring an additional 151 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in Invesco S&P 500 Quality ETF by 0.5% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 45,970 shares of the company’s stock valued at $3,081,000 after purchasing an additional 221 shares during the last quarter. Stratos Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 1.4% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock worth $1,082,000 after purchasing an additional 225 shares in the last quarter. Huntington National Bank raised its stake 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 worth $163,000 after purchasing an additional 249 shares during the last quarter. Finally, Centaurus Financial Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 8.6% during 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.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $69.41 on Friday. Invesco S&P 500 Quality ETF has a one year low of $55.67 and a one year high of $69.97. The business’s fifty day moving average is $68.17 and its 200 day moving average is $66.68. The stock has a market capitalization of $10.37 billion, a PE ratio of 22.60 and a beta of 0.98.

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.