Alta Wealth Advisors LLC Purchases 190 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Alta Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,605 shares of the company’s stock after buying an additional 190 shares during the quarter. Alta Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $644,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SPHQ. Truvestments Capital LLC bought a new position in Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $34,000. Abich Financial Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth about $38,000. Luken Investment Analytics LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at about $40,000. Blue Trust Inc. bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $43,000. Finally, VitalStone Financial LLC raised its holdings 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 during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 1.3 %

Shares of NYSEARCA SPHQ opened at $70.41 on Friday. The company has a 50 day moving average of $68.35 and a 200 day moving average of $66.80. Invesco S&P 500 Quality ETF has a twelve month low of $55.67 and a twelve month high of $70.54. The firm has a market cap of $10.52 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.