HighTower Advisors LLC Grows Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

HighTower Advisors LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 318,926 shares of the company’s stock after purchasing an additional 1,409 shares during the period. HighTower Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $21,378,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Gateway Wealth Partners LLC increased its position in Invesco S&P 500 Quality ETF by 2.8% during the fourth quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock worth $362,000 after buying an additional 149 shares in the last quarter. Brighton Jones LLC increased its position in 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 worth $265,000 after buying an additional 151 shares in the last quarter. Lunt Capital Management Inc. increased its position in Invesco S&P 500 Quality ETF by 1.9% during the fourth quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock worth $652,000 after buying an additional 182 shares in the last quarter. DAVENPORT & Co LLC increased its position in Invesco S&P 500 Quality ETF by 1.9% during the fourth quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock worth $666,000 after buying an additional 188 shares in the last quarter. Finally, Alta Wealth Advisors LLC increased its position in Invesco S&P 500 Quality ETF by 2.0% during the fourth quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock worth $644,000 after buying an additional 190 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $66.39 on Friday. The stock has a fifty day moving average of $68.96 and a two-hundred day moving average of $67.96. The company has a market capitalization of $11.48 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.17 and a fifty-two week high of $71.22.

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.