Cliftonlarsonallen Wealth Advisors LLC Raises Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Cliftonlarsonallen Wealth Advisors LLC raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 7,673,847 shares of the company’s stock after acquiring an additional 393,229 shares during the period. Invesco S&P 500 Quality ETF makes up about 10.0% of Cliftonlarsonallen Wealth Advisors LLC’s holdings, making the stock its 2nd largest position. Cliftonlarsonallen Wealth Advisors LLC owned 5.13% of Invesco S&P 500 Quality ETF worth $514,378,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Jane Street Group LLC bought a new position in Invesco S&P 500 Quality ETF during the 3rd quarter valued at $1,273,000. JPMorgan Chase & Co. raised its holdings in shares of Invesco S&P 500 Quality ETF by 7.1% in the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock valued at $14,767,000 after purchasing an additional 14,481 shares during the last quarter. Clarius Group LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 18.7% during the third quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after purchasing an additional 750 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter worth about $796,000. Finally, ACT Advisors LLC. grew its position in Invesco S&P 500 Quality ETF by 2.3% in the 3rd quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock worth $19,300,000 after purchasing an additional 6,397 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock traded up $0.94 during mid-day trading on Wednesday, hitting $67.47. 121,671 shares of the stock were exchanged, compared to its average volume of 1,034,179. Invesco S&P 500 Quality ETF has a 12 month low of $53.81 and a 12 month high of $69.97. The company has a 50-day simple moving average of $68.10 and a 200 day simple moving average of $66.45. The company has a market capitalization of $10.08 billion, a P/E 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.