OneAscent Financial Services LLC Invests $284,000 in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

OneAscent Financial Services LLC acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,237 shares of the company’s stock, valued at approximately $284,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Portfolio Partners LLC grew its stake in Invesco S&P 500 Quality ETF by 17.8% in the 4th quarter. Private Portfolio Partners LLC now owns 18,763 shares of the company’s stock valued at $1,258,000 after buying an additional 2,837 shares in the last quarter. National Bank of Canada FI grew its position in shares of Invesco S&P 500 Quality ETF by 60,041.9% in the fourth quarter. National Bank of Canada FI now owns 44,505 shares of the company’s stock valued at $2,983,000 after purchasing an additional 44,431 shares in the last quarter. Hazlett Burt & Watson Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 21.1% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 9,137 shares of the company’s stock valued at $612,000 after purchasing an additional 1,590 shares during the period. Prevail Innovative Wealth Advisors LLC boosted its stake in Invesco S&P 500 Quality ETF by 42.2% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 60,635 shares of the company’s stock worth $4,064,000 after purchasing an additional 18,003 shares during the period. Finally, CIBC Private Wealth Group LLC grew its holdings in Invesco S&P 500 Quality ETF by 12.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 15,424 shares of the company’s stock valued at $1,037,000 after buying an additional 1,647 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 5.9 %

Shares of Invesco S&P 500 Quality ETF stock opened at $60.26 on Friday. The company’s 50-day moving average price is $68.45 and its 200-day moving average price is $67.97. Invesco S&P 500 Quality ETF has a 12-month low of $57.17 and a 12-month high of $71.22. The company has a market cap of $10.69 billion, a price-to-earnings ratio of 26.90 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.2014 dividend. The ex-dividend date was Monday, March 24th. This is a boost from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.