Beaumont Asset Management L.L.C. Acquires New Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Beaumont Asset Management L.L.C. acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 55,007 shares of the company’s stock, valued at approximately $2,975,000. Invesco S&P 500 Quality ETF makes up approximately 2.1% of Beaumont Asset Management L.L.C.’s holdings, making the stock its 9th largest position.

A number of other large investors have also made changes to their positions in SPHQ. Wolff Wiese Magana LLC lifted its stake in Invesco S&P 500 Quality ETF by 105.8% in the 3rd quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock valued at $28,000 after purchasing an additional 291 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in Invesco S&P 500 Quality ETF by 149.6% in the fourth quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after buying an additional 347 shares during the period. GPS Wealth Strategies Group LLC increased its stake in Invesco S&P 500 Quality ETF by 275.6% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after purchasing an additional 485 shares in the last quarter. Glass Jacobson Investment Advisors llc bought a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at $50,000. Finally, Halpern Financial Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $53,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ traded up $0.72 during midday trading on Tuesday, hitting $58.64. 839,874 shares of the company’s stock were exchanged, compared to its average volume of 1,044,425. Invesco S&P 500 Quality ETF has a 12 month low of $46.71 and a 12 month high of $60.77. The stock has a 50 day moving average price of $59.06 and a 200-day moving average price of $55.03. The company has a market cap of $8.50 billion, a PE ratio of 21.97 and a beta of 0.96.

Invesco S&P 500 Quality ETF Company 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.