Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Purchased by KWB Wealth

KWB Wealth raised its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 15.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 291,139 shares of the company’s stock after purchasing an additional 38,132 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 2.4% of KWB Wealth’s portfolio, making the stock its 7th largest position. KWB Wealth owned 0.16% of Invesco S&P 500 Quality ETF worth $19,515,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Lmcg Investments LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 0.8% in the 1st quarter. Lmcg Investments LLC now owns 52,780 shares of the company’s stock valued at $3,501,000 after acquiring an additional 418 shares during the last quarter. HF Advisory Group LLC boosted its position in Invesco S&P 500 Quality ETF by 4.1% during the 1st quarter. HF Advisory Group LLC now owns 23,202 shares of the company’s stock valued at $1,539,000 after purchasing an additional 906 shares during the period. Secure Asset Management LLC boosted its position in Invesco S&P 500 Quality ETF by 4.0% during the 1st quarter. Secure Asset Management LLC now owns 6,879 shares of the company’s stock valued at $456,000 after purchasing an additional 267 shares during the period. TruWealth Advisors LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 1.0% in the 1st quarter. TruWealth Advisors LLC now owns 260,645 shares of the company’s stock worth $17,291,000 after buying an additional 2,504 shares in the last quarter. Finally, High Net Worth Advisory Group LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 6.9% in the 1st quarter. High Net Worth Advisory Group LLC now owns 59,462 shares of the company’s stock worth $3,945,000 after buying an additional 3,815 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.2%

Shares of NYSEARCA SPHQ opened at $71.08 on Thursday. The stock has a market capitalization of $13.75 billion, a price-to-earnings ratio of 27.61 and a beta of 0.95. The stock’s fifty day simple moving average is $66.33 and its 200 day simple moving average is $67.75. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $71.33.

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.