Serenus Wealth Advisors LLC Purchases New Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Serenus Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,642 shares of the company’s stock, valued at approximately $646,000.

Several other institutional investors and hedge funds also recently modified their holdings of SPHQ. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth $34,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $38,000. Luken Investment Analytics LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth about $40,000. Blue Trust Inc. purchased a new position in Invesco S&P 500 Quality ETF in the third quarter valued at about $43,000. Finally, VitalStone Financial LLC grew its stake in Invesco S&P 500 Quality ETF by 178.8% during the 3rd quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after purchasing an additional 522 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.5 %

SPHQ stock opened at $69.93 on Friday. The stock’s 50 day moving average is $68.49 and its two-hundred day moving average is $67.03. Invesco S&P 500 Quality ETF has a 52-week low of $56.56 and a 52-week high of $70.69. The company has a market capitalization of $10.45 billion, a PE ratio of 22.60 and a beta of 0.98.

About Invesco S&P 500 Quality ETF

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.