Kestra Advisory Services LLC Grows Position in Invesco S&P 500 Quality ETF $SPHQ

Kestra Advisory Services LLC lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 363.1% in the first quarter, Holdings Channel reports. The firm owned 455,118 shares of the company’s stock after purchasing an additional 356,849 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $34,220,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPHQ. Pinnacle Wealth Management Advisory Group LLC raised its holdings in Invesco S&P 500 Quality ETF by 4.5% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock valued at $238,000 after buying an additional 136 shares during the period. Compound Planning Inc. grew its stake in Invesco S&P 500 Quality ETF by 1.0% during the fourth quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock worth $1,092,000 after buying an additional 138 shares during the period. Verum Partners LLC increased its position in shares of Invesco S&P 500 Quality ETF by 0.3% in the fourth quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock worth $3,772,000 after acquiring an additional 141 shares in the last quarter. World Investment Advisors increased its position in shares of Invesco S&P 500 Quality ETF by 0.6% in the first quarter. World Investment Advisors now owns 24,754 shares of the company’s stock worth $1,861,000 after acquiring an additional 142 shares in the last quarter. Finally, Latitude Advisors LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 3.0% in the 4th quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock valued at $379,000 after acquiring an additional 148 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.4%

Shares of SPHQ stock traded up $0.36 during mid-day trading on Friday, reaching $88.12. The company’s stock had a trading volume of 1,393,921 shares, compared to its average volume of 1,765,440. The firm has a market capitalization of $20.03 billion, a PE ratio of 25.36 and a beta of 0.90. The company’s 50 day simple moving average is $85.78 and its 200-day simple moving average is $80.61. Invesco S&P 500 Quality ETF has a 12-month low of $70.26 and a 12-month high of $90.36.

Invesco S&P 500 Quality ETF Company 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.