Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Purchased by Resurgent Financial Advisors LLC

Resurgent Financial Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,457 shares of the company’s stock after acquiring an additional 923 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 1.0% of Resurgent Financial Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Resurgent Financial Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,712,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 1,479.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock valued at $804,114,000 after buying an additional 11,854,003 shares in the last quarter. LPL Financial LLC increased its position in shares of Invesco S&P 500 Quality ETF by 12.2% during the 2nd quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock worth $483,033,000 after purchasing an additional 825,232 shares during the last quarter. Assetmark Inc. grew its position in Invesco S&P 500 Quality ETF by 43,723.2% in the 3rd quarter. Assetmark Inc. now owns 624,481 shares of the company’s stock valued at $42,009,000 after acquiring an additional 623,056 shares in the last quarter. Vigilare Wealth Management grew its position in Invesco S&P 500 Quality ETF by 2,233.5% in the 2nd quarter. Vigilare Wealth Management now owns 606,428 shares of the company’s stock valued at $38,532,000 after acquiring an additional 580,440 shares in the last quarter. Finally, Silver Lake Advisory LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $35,759,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $69.26 on Thursday. The stock has a 50-day simple moving average of $67.55 and a 200-day simple moving average of $65.41. The stock has a market capitalization of $10.35 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1 year low of $51.50 and a 1 year high of $69.44.

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.