Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) is Avaii Wealth Management LLC’s 10th Largest Position

Avaii Wealth Management LLC grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 90,925 shares of the company’s stock after purchasing an additional 690 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 3.0% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Avaii Wealth Management LLC owned 0.06% of Invesco S&P 500 Quality ETF worth $6,095,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SPHQ. Wealth Enhancement Advisory Services LLC boosted its holdings 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 valued at $527,025,000 after acquiring an additional 376,770 shares during the period. LPL Financial LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 1.9% during the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock valued at $520,920,000 after purchasing an additional 141,687 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after acquiring an additional 393,229 shares during the period. FMR LLC grew its stake in Invesco S&P 500 Quality ETF by 4.5% in the third 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 period. Finally, Kovitz Investment Group Partners LLC lifted its position in Invesco S&P 500 Quality ETF by 10.4% during the third 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 period.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $69.41 on Friday. The stock has a market cap of $10.37 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1 year low of $55.67 and a 1 year high of $69.97. The firm has a 50-day moving average of $68.17 and a 200 day moving average of $66.68.

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.