Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 10,409 shares of the company’s stock after purchasing an additional 384 shares during the period. D.A. Davidson & CO.’s holdings in Invesco S&P 500 Quality ETF were worth $698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of SPHQ. LPL Financial LLC raised its position in Invesco S&P 500 Quality ETF by 1.9% in the third quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock worth $520,920,000 after acquiring an additional 141,687 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in Invesco S&P 500 Quality ETF by 5.4% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after acquiring an additional 393,229 shares in the last quarter. FMR LLC raised its position in Invesco S&P 500 Quality ETF by 4.5% in the third quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after acquiring an additional 184,895 shares in the last quarter. Kovitz Investment Group Partners LLC raised its position in Invesco S&P 500 Quality ETF by 10.4% in the third quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after acquiring an additional 197,353 shares in the last quarter. Finally, Sfmg LLC increased its position in shares of Invesco S&P 500 Quality ETF by 0.4% in the third quarter. Sfmg LLC now owns 1,638,506 shares of the company’s stock valued at $110,222,000 after buying an additional 6,374 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.2 %

Shares of SPHQ stock opened at $69.99 on Tuesday. 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 stock has a market cap of $11.85 billion, a P/E ratio of 29.27 and a beta of 0.94. The business has a fifty day simple moving average of $68.83 and a 200-day simple moving average of $67.67.

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.