Kingsview Wealth Management LLC Has $1.37 Million Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Kingsview Wealth Management LLC trimmed its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,641 shares of the company’s stock after selling 1,416 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,368,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp increased its holdings in shares of Invesco S&P 500 Quality ETF by 18,094.4% in the 1st quarter. Fifth Third Bancorp now owns 4,620,115 shares of the company’s stock valued at $279,147,000 after purchasing an additional 4,594,722 shares during the period. Cliftonlarsonallen Wealth Advisors LLC lifted its position in Invesco S&P 500 Quality ETF by 89.3% in the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,615,038 shares of the company’s stock worth $399,681,000 after buying an additional 3,121,091 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 4th quarter worth approximately $143,042,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 20.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,978,220 shares of the company’s stock valued at $421,624,000 after acquiring an additional 1,183,904 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of Invesco S&P 500 Quality ETF by 107.3% in the fourth quarter. UBS Group AG now owns 1,274,193 shares of the company’s stock worth $68,908,000 after acquiring an additional 659,657 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ traded down $0.70 during midday trading on Friday, hitting $63.67. 713,563 shares of the stock were exchanged, compared to its average volume of 961,501. The company has a market capitalization of $9.52 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52-week low of $47.72 and a 52-week high of $65.57. The business’s fifty day simple moving average is $63.11 and its two-hundred day simple moving average is $59.66.

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.