IFP Advisors Inc grew its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 80.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,311 shares of the company’s stock after purchasing an additional 5,034 shares during the period. IFP Advisors Inc’s holdings in Invesco S&P 500 Quality ETF were worth $758,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the business. Blue Trust Inc. purchased a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $43,000. Focus Financial Network Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 3.2% in the third quarter. Focus Financial Network Inc. now owns 211,867 shares of the company’s stock worth $14,252,000 after acquiring an additional 6,650 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of Invesco S&P 500 Quality ETF by 98.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 248,305 shares of the company’s stock worth $16,703,000 after acquiring an additional 123,483 shares during the period. Gladstone Institutional Advisory LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at $2,417,000. Finally, Key Financial Inc raised its stake in shares of Invesco S&P 500 Quality ETF by 2.9% in the third quarter. Key Financial Inc now owns 10,977 shares of the company’s stock valued at $738,000 after acquiring an additional 306 shares in the last quarter.
Invesco S&P 500 Quality ETF Price Performance
SPHQ opened at $69.28 on Friday. The business has a fifty day moving average price of $68.93 and a 200 day moving average price of $67.74. Invesco S&P 500 Quality ETF has a 12 month low of $57.17 and a 12 month high of $71.22. The stock has a market capitalization of $11.72 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94.
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.
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