Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lifted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 57.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,871 shares of the company’s stock after purchasing an additional 14,981 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,749,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SPHQ. Clarius Group LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 18.7% during the 3rd quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after purchasing an additional 750 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at about $796,000. ACT Advisors LLC. lifted its position in shares of Invesco S&P 500 Quality ETF by 2.3% in the third quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock worth $19,300,000 after buying an additional 6,397 shares during the last quarter. Kingswood Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Quality ETF by 34.7% in the second quarter. Kingswood Wealth Advisors LLC now owns 13,470 shares of the company’s stock valued at $856,000 after purchasing an additional 3,470 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth about $239,000.

Invesco S&P 500 Quality ETF Stock Up 0.6 %

SPHQ stock opened at $68.34 on Monday. Invesco S&P 500 Quality ETF has a twelve month low of $51.50 and a twelve month high of $68.75. The company has a market cap of $10.21 billion, a PE ratio of 22.60 and a beta of 0.98. The business’s 50-day simple moving average is $67.22 and its 200 day simple moving average is $64.98.

Invesco S&P 500 Quality ETF Company 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.