Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 127.0% in the fourth quarter, HoldingsChannel reports. The fund owned 94,775 shares of the company’s stock after buying an additional 53,023 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 3.3% of Endowment Wealth Management Inc.’s portfolio, making the stock its 7th biggest holding. Endowment Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $7,113,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 68.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after buying an additional 3,741,699 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 61.2% during the 2nd quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock valued at $275,733,000 after buying an additional 1,469,187 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 56.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock valued at $212,016,000 after buying an additional 1,039,995 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 2,247.1% during the 4th quarter. Sequoia Financial Advisors LLC now owns 561,746 shares of the company’s stock valued at $42,159,000 after buying an additional 537,812 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 5.9% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock valued at $668,722,000 after buying an additional 496,439 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $84.64 on Tuesday. The firm has a market cap of $18.02 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 52-week low of $68.68 and a 52-week high of $84.97. The stock has a 50-day simple moving average of $79.26 and a 200-day simple moving average of $77.55.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.