Kingsview Wealth Management LLC Purchases 14,981 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Kingsview Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 57.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 40,871 shares of the company’s stock after acquiring an additional 14,981 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,749,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SPHQ. Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Quality ETF by 1,479.5% in the second quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock valued at $804,114,000 after acquiring an additional 11,854,003 shares during the period. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 12.2% in the second quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock worth $483,033,000 after acquiring an additional 825,232 shares during the period. Assetmark Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 43,723.2% during the 3rd quarter. Assetmark Inc. now owns 624,481 shares of the company’s stock worth $42,009,000 after acquiring an additional 623,056 shares during the last quarter. Vigilare Wealth Management increased its stake in Invesco S&P 500 Quality ETF by 2,233.5% in the 2nd quarter. Vigilare Wealth Management now owns 606,428 shares of the company’s stock worth $38,532,000 after buying an additional 580,440 shares in the last quarter. Finally, Silver Lake Advisory LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter worth about $35,759,000.

Invesco S&P 500 Quality ETF Stock Up 0.6 %

SPHQ stock opened at $68.34 on Monday. The firm’s fifty day simple moving average is $67.22 and its two-hundred day simple moving average is $64.98. 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 twelve month low of $51.50 and a twelve month high of $68.75.

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.