ACT Advisors LLC. Buys 22,647 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

ACT Advisors LLC. lifted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 7.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 309,555 shares of the company’s stock after acquiring an additional 22,647 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 11.2% of ACT Advisors LLC.’s holdings, making the stock its 5th biggest holding. ACT Advisors LLC. owned approximately 0.21% of Invesco S&P 500 Quality ETF worth $20,749,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wealth Enhancement Advisory Services LLC increased its stake in Invesco S&P 500 Quality ETF by 5.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock worth $527,025,000 after buying an additional 376,770 shares during the period. LPL Financial LLC increased its position in shares of Invesco S&P 500 Quality ETF by 1.9% in the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock worth $520,920,000 after purchasing an additional 141,687 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Quality ETF by 3.7% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,280,618 shares of the company’s stock worth $489,767,000 after purchasing an additional 260,719 shares during the last quarter. FMR LLC increased its position in shares of Invesco S&P 500 Quality ETF by 4.5% in the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after purchasing an additional 184,895 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC grew its position in shares of Invesco S&P 500 Quality ETF by 10.4% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock valued at $140,888,000 after buying an additional 197,353 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ traded down $0.30 during trading on Monday, reaching $65.84. 241,260 shares of the company’s stock traded hands, compared to its average volume of 1,005,363. Invesco S&P 500 Quality ETF has a 12 month low of $53.81 and a 12 month high of $69.97. The company has a 50 day moving average of $68.09 and a 200-day moving average of $66.41. The stock has a market capitalization of $9.84 billion, a P/E ratio of 22.60 and a beta of 0.98.

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.