Wealth Enhancement Advisory Services LLC Increases Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,839,074 shares of the company’s stock after purchasing an additional 4,594 shares during the quarter. Invesco S&P 500 Quality ETF makes up 1.1% of Wealth Enhancement Advisory Services LLC’s portfolio, making the stock its 13th biggest holding. Wealth Enhancement Advisory Services LLC owned approximately 5.25% of Invesco S&P 500 Quality ETF worth $527,334,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPHQ. Stratos Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 1.4% in the third quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock worth $1,082,000 after buying an additional 225 shares in the last quarter. Huntington National Bank boosted its holdings in shares of Invesco S&P 500 Quality ETF by 11.4% in the 3rd quarter. Huntington National Bank now owns 2,428 shares of the company’s stock worth $163,000 after purchasing an additional 249 shares during the period. Centaurus Financial Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 8.6% during the 3rd quarter. Centaurus Financial Inc. now owns 3,198 shares of the company’s stock valued at $215,000 after purchasing an additional 253 shares during the last quarter. Weaver Consulting Group raised its holdings in Invesco S&P 500 Quality ETF by 1.1% during the 4th quarter. Weaver Consulting Group now owns 23,778 shares of the company’s stock valued at $1,594,000 after buying an additional 260 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in Invesco S&P 500 Quality ETF by 2.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock worth $786,000 after buying an additional 266 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ traded down $1.03 during midday trading on Friday, hitting $66.21. The stock had a trading volume of 371,862 shares, compared to its average volume of 1,019,990. Invesco S&P 500 Quality ETF has a 1 year low of $53.81 and a 1 year high of $69.97. The stock’s 50 day moving average is $68.09 and its 200 day moving average is $66.36. The firm has a market cap of $9.90 billion, a PE ratio of 22.60 and a beta of 0.98.

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.