Corient Private Wealth LLC Purchases 412,080 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Corient Private Wealth LLC increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 477.0% during the fourth quarter, Holdings Channel reports. The fund owned 498,472 shares of the company’s stock after purchasing an additional 412,080 shares during the period. Corient Private Wealth LLC’s holdings in Invesco S&P 500 Quality ETF were worth $33,413,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth $34,000. Briaud Financial Planning Inc bought a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth about $34,000. Luken Investment Analytics LLC bought a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth about $40,000. DHJJ Financial Advisors Ltd. lifted its position 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 worth $69,000 after purchasing an additional 307 shares in the last quarter. Finally, Noble Wealth Management PBC acquired a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $70,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $67.15 on Tuesday. The firm has a 50 day simple moving average of $68.95 and a 200 day simple moving average of $67.98. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.17 and a fifty-two week high of $71.22. The firm has a market cap of $11.62 billion, a P/E ratio of 27.16 and a beta of 0.93.

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.