Keystone Financial Group Invests $400,000 in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Keystone Financial Group bought a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,965 shares of the company’s stock, valued at approximately $400,000.

A number of other institutional investors have also added to or reduced their stakes in SPHQ. First Command Advisory Services Inc. grew its position in shares of Invesco S&P 500 Quality ETF by 0.9% in the 4th quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock valued at $833,466,000 after acquiring an additional 116,159 shares during the period. Envestnet Asset Management Inc. grew its holdings in Invesco S&P 500 Quality ETF by 0.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 12,252,845 shares of the company’s stock worth $821,308,000 after purchasing an additional 107,922 shares during the period. LPL Financial LLC increased its position in Invesco S&P 500 Quality ETF by 12.6% during the fourth quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock worth $584,389,000 after buying an additional 974,609 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake 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 valued at $514,378,000 after buying an additional 393,229 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of Invesco S&P 500 Quality ETF by 1.7% in the fourth quarter. Wells Fargo & Company MN now owns 3,167,576 shares of the company’s stock valued at $212,323,000 after buying an additional 53,845 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Up 1.6 %

SPHQ stock opened at $63.29 on Monday. Invesco S&P 500 Quality ETF has a 1-year low of $57.17 and a 1-year high of $71.22. The business’s 50 day simple moving average is $67.34 and its 200 day simple moving average is $67.72. The firm has a market capitalization of $11.23 billion, a PE ratio of 26.90 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.2014 dividend. This is an increase from Invesco S&P 500 Quality ETF’s previous dividend of $0.18. The ex-dividend date was Monday, March 24th.

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.