High Net Worth Advisory Group LLC Grows Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

High Net Worth Advisory Group LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,647 shares of the company’s stock after purchasing an additional 1,805 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 1.0% of High Net Worth Advisory Group LLC’s portfolio, making the stock its 25th largest position. High Net Worth Advisory Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,730,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SPHQ. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Quality ETF during the third quarter worth about $34,000. Abich Financial Wealth Management LLC bought a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $38,000. Blue Trust Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the third quarter worth approximately $43,000. VitalStone Financial LLC boosted its stake in Invesco S&P 500 Quality ETF by 178.8% in the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after buying an additional 522 shares in the last quarter. Finally, Arrow Financial Corp bought a new position in Invesco S&P 500 Quality ETF during the third quarter valued at approximately $106,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $69.41 on Monday. Invesco S&P 500 Quality ETF has a fifty-two week low of $55.67 and a fifty-two week high of $69.97. The firm has a market cap of $10.37 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The firm has a 50 day moving average price of $68.17 and a 200-day moving average price of $66.69.

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.