Green Ridge Wealth Planning LLC acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 106,530 shares of the company’s stock, valued at approximately $7,995,000. Invesco S&P 500 Quality ETF makes up about 4.1% of Green Ridge Wealth Planning LLC’s holdings, making the stock its 9th biggest position.
Other large investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its holdings in shares of 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 worth $658,846,000 after buying an additional 3,741,699 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 5.9% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock valued at $668,722,000 after acquiring an additional 496,439 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Invesco S&P 500 Quality ETF by 3.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock worth $611,604,000 after acquiring an additional 253,950 shares during the period. Bank of America Corp DE increased its position in Invesco S&P 500 Quality ETF by 8.0% during the third quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock worth $345,204,000 after acquiring an additional 349,166 shares during the period. Finally, Raymond James Financial Inc. raised its stake in Invesco S&P 500 Quality ETF by 15.6% in the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock worth $327,844,000 after purchasing an additional 603,848 shares in the last quarter.
Invesco S&P 500 Quality ETF Price Performance
Shares of Invesco S&P 500 Quality ETF stock opened at $89.36 on Friday. The stock has a market capitalization of $19.02 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a twelve month low of $68.89 and a twelve month high of $89.94. The company has a 50-day simple moving average of $83.32 and a two-hundred day simple moving average of $79.26.
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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.
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