Serenus Wealth Advisors LLC Purchases 31,714 Shares of Invesco S&P 500 Quality ETF $SPHQ

Serenus Wealth Advisors LLC lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 271.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 43,388 shares of the company’s stock after purchasing an additional 31,714 shares during the period. Invesco S&P 500 Quality ETF accounts for approximately 0.4% of Serenus Wealth Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Serenus Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SPHQ. Ameriprise Financial Inc. increased its position in Invesco S&P 500 Quality ETF by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after acquiring an additional 3,741,699 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in Invesco S&P 500 Quality ETF in the third quarter worth about $245,312,000. Raymond James Financial Inc. boosted its position in Invesco S&P 500 Quality ETF by 61.2% in the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after purchasing an additional 1,469,187 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 56.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock valued at $212,016,000 after purchasing an additional 1,039,995 shares during the period. Finally, Compass Ion Advisors LLC increased its position in shares of Invesco S&P 500 Quality ETF by 1,614.2% during the 3rd quarter. Compass Ion Advisors LLC now owns 718,232 shares of the company’s stock valued at $52,639,000 after purchasing an additional 676,332 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.4%

Shares of NYSEARCA:SPHQ opened at $79.67 on Wednesday. The stock has a market capitalization of $16.27 billion, a PE ratio of 25.36 and a beta of 0.92. The firm’s 50 day moving average price is $77.15 and its 200-day moving average price is $74.58. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $80.58.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.