Waldron Private Wealth LLC Invests $853,000 in Invesco S&P 500 Quality ETF $SPHQ

Waldron Private Wealth LLC bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 11,368 shares of the company’s stock, valued at approximately $853,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Bell Bank increased its position in Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Bell Bank now owns 30,216 shares of the company’s stock worth $2,268,000 after buying an additional 1,167 shares in the last quarter. Verum Partners LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 0.3% during the 4th quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock valued at $3,772,000 after buying an additional 141 shares in the last quarter. Sherman Wealth Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $895,000. Avaii Wealth Management LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 20.6% during the 4th quarter. Avaii Wealth Management LLC now owns 3,712 shares of the company’s stock valued at $279,000 after acquiring an additional 635 shares during the period. Finally, Mather Group LLC. increased its holdings in Invesco S&P 500 Quality ETF by 31.4% in the 4th quarter. Mather Group LLC. now owns 29,784 shares of the company’s stock worth $2,235,000 after acquiring an additional 7,120 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $74.11 on Friday. The company has a market capitalization of $15.14 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 $81.04. The firm’s 50 day simple moving average is $78.10 and its two-hundred day simple moving average is $75.69.

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.