Rollins Financial Advisors LLC Grows Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Rollins Financial Advisors LLC boosted its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 25.4% during the 4th quarter, Holdings Channel reports. The fund owned 236,681 shares of the company’s stock after acquiring an additional 47,937 shares during the quarter. Invesco S&P 500 Quality ETF comprises 2.5% of Rollins Financial Advisors LLC’s portfolio, making the stock its 10th largest holding. Rollins Financial Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $15,865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 75.3% during the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock valued at $80,000 after purchasing an additional 508 shares in the last quarter. Brookstone Capital Management raised its position in shares of Invesco S&P 500 Quality ETF by 25.4% during the 4th quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after buying an additional 2,150 shares in the last quarter. US Bancorp DE lifted its stake in shares of Invesco S&P 500 Quality ETF by 75.9% in the 4th quarter. US Bancorp DE now owns 11,911 shares of the company’s stock worth $798,000 after acquiring an additional 5,140 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P 500 Quality ETF by 7.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after acquiring an additional 14,481 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $1,273,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $60.26 on Monday. The stock 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 has a 12 month low of $57.17 and a 12 month high of $71.22. The stock’s 50 day moving average price is $68.45 and its 200 day moving average price is $67.99.

Invesco S&P 500 Quality ETF Increases Dividend

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

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.