Invesco S&P 500 Quality ETF $SPHQ Holdings Lifted by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 116.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 899,891 shares of the company’s stock after purchasing an additional 484,558 shares during the period. Kestra Advisory Services LLC owned about 0.40% of Invesco S&P 500 Quality ETF worth $75,663,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPHQ. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $649,488,000. Envestnet Asset Management Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 236.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock valued at $606,532,000 after acquiring an additional 4,733,411 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in Invesco S&P 500 Quality ETF during the third quarter worth $269,341,000. Commonwealth Equity Services LLC bought a new stake in Invesco S&P 500 Quality ETF during the third quarter worth $92,486,000. Finally, Demars Financial Group LLC lifted its holdings in Invesco S&P 500 Quality ETF by 5.8% during the third quarter. Demars Financial Group LLC now owns 776,231 shares of the company’s stock worth $65,265,000 after acquiring an additional 42,593 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 4.2%

SPHQ stock opened at $81.08 on Friday. The stock’s fifty day simple moving average is $84.45 and its two-hundred day simple moving average is $82.80. Invesco S&P 500 Quality ETF has a 1-year low of $71.57 and a 1-year high of $90.36. The stock has a market cap of $18.13 billion, a P/E ratio of 25.36 and a beta of 0.91.

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.