Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 41.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 155,640 shares of the company’s stock after acquiring an additional 45,398 shares during the quarter. Kingsview Wealth Management LLC owned 0.08% of Invesco S&P 500 Quality ETF worth $11,407,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Ameriprise Financial Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 68.0% in the 2nd 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 in the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $245,312,000. Raymond James Financial Inc. increased its stake in shares of Invesco S&P 500 Quality ETF by 61.2% in the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after buying an additional 1,469,187 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Invesco S&P 500 Quality ETF by 56.1% in the third quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock valued at $212,016,000 after acquiring an additional 1,039,995 shares in the last quarter. Finally, Compass Ion Advisors LLC boosted its stake in Invesco S&P 500 Quality ETF by 1,614.2% during the 3rd quarter. Compass Ion Advisors LLC now owns 718,232 shares of the company’s stock valued at $52,639,000 after acquiring an additional 676,332 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $80.94 on Monday. The firm has a fifty day moving average of $77.89 and a two-hundred day moving average of $75.05. The firm has a market cap of $16.53 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $81.05.

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.