Global Retirement Partners LLC Boosts Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Global Retirement Partners LLC grew its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 229,346 shares of the company’s stock after buying an additional 6,635 shares during the period. Global Retirement Partners LLC’s holdings in Invesco S&P 500 Quality ETF were worth $15,373,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter valued at $34,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth about $38,000. Luken Investment Analytics LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $40,000. Blue Trust Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $43,000. Finally, DHJJ Financial Advisors Ltd. lifted its stake in shares of Invesco S&P 500 Quality ETF by 42.1% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock valued at $69,000 after buying an additional 307 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $70.97 on Wednesday. The firm has a market cap of $10.61 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 $56.56 and a 1 year high of $71.12. The firm’s 50 day moving average price is $68.72 and its 200 day moving average price is $67.42.

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.