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

Geneos Wealth Management Inc. increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 712.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 125,167 shares of the company’s stock after purchasing an additional 109,758 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $9,411,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its position in Invesco S&P 500 Quality ETF by 68.0% in the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after purchasing an additional 3,741,699 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 5.9% in the fourth 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 in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 3.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock valued at $611,604,000 after buying an additional 253,950 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco S&P 500 Quality ETF by 8.0% in the 3rd quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock valued at $345,204,000 after buying an additional 349,166 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 15.6% in the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock valued at $327,844,000 after buying an additional 603,848 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 1.1%

SPHQ opened at $86.10 on Thursday. The stock’s 50-day moving average price is $86.07 and its 200 day moving average price is $80.87. Invesco S&P 500 Quality ETF has a 12-month low of $70.26 and a 12-month high of $90.36. The firm has a market cap of $19.65 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90.

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