Consolidated Planning Corp Buys 18,263 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Consolidated Planning Corp lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 22.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 98,328 shares of the company’s stock after acquiring an additional 18,263 shares during the period. Invesco S&P 500 Quality ETF accounts for about 1.0% of Consolidated Planning Corp’s investment portfolio, making the stock its 27th largest position. Consolidated Planning Corp’s holdings in Invesco S&P 500 Quality ETF were worth $6,615,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPHQ. Janney Montgomery Scott LLC boosted its holdings in Invesco S&P 500 Quality ETF by 2.3% during the first quarter. Janney Montgomery Scott LLC now owns 42,071 shares of the company’s stock valued at $2,542,000 after acquiring an additional 938 shares during the period. Wealthspire Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $211,000. PFG Advisors grew its holdings in Invesco S&P 500 Quality ETF by 37.9% in the 1st quarter. PFG Advisors now owns 12,596 shares of the company’s stock valued at $761,000 after buying an additional 3,465 shares during the last quarter. Atomi Financial Group Inc. increased its position in Invesco S&P 500 Quality ETF by 34.9% in the 1st quarter. Atomi Financial Group Inc. now owns 5,684 shares of the company’s stock worth $343,000 after buying an additional 1,470 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 18.3% during the first quarter. Concurrent Investment Advisors LLC now owns 31,475 shares of the company’s stock worth $1,902,000 after buying an additional 4,880 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.5 %

SPHQ opened at $68.30 on Friday. The stock has a market capitalization of $10.21 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1-year low of $50.06 and a 1-year high of $68.39. The business has a 50 day moving average of $66.76 and a 200-day moving average of $64.20.

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.