Kingsview Wealth Management LLC Grows Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Kingsview Wealth Management LLC increased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 69.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,855 shares of the company’s stock after buying an additional 36,696 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $5,961,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bernard Wealth Management Corp. acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $26,000. Fourth Dimension Wealth LLC purchased a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at about $26,000. Millstone Evans Group LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth about $33,000. Highline Wealth Partners LLC acquired a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $33,000. Finally, 10Elms LLP acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $35,000.

Invesco S&P 500 Quality ETF Stock Up 0.8%

Invesco S&P 500 Quality ETF stock opened at $71.56 on Friday. The business has a 50 day moving average price of $70.49 and a two-hundred day moving average price of $68.27. The stock has a market cap of $14.47 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $72.22.

Invesco S&P 500 Quality ETF Company 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.