Soltis Investment Advisors LLC Acquires New Holdings in Invesco S&P 500 Quality ETF $SPHQ

Soltis Investment Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,796 shares of the company’s stock, valued at approximately $510,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPHQ. Ameriprise Financial Inc. raised its holdings in Invesco S&P 500 Quality ETF by 68.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after buying an additional 3,741,699 shares during the period. Vantagepoint Investment Advisers LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $245,312,000. Raymond James Financial Inc. raised its holdings in Invesco S&P 500 Quality ETF by 61.2% in the 2nd quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock valued at $275,733,000 after buying an additional 1,469,187 shares during the period. Envestnet Asset Management Inc. raised its holdings in Invesco S&P 500 Quality ETF by 56.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock valued at $212,016,000 after buying an additional 1,039,995 shares during the period. Finally, Sequoia Financial Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF by 2,247.1% in the 4th quarter. Sequoia Financial Advisors LLC now owns 561,746 shares of the company’s stock valued at $42,159,000 after buying an additional 537,812 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $82.63 on Tuesday. The firm has a market capitalization of $17.59 billion, a PE ratio of 25.36 and a beta of 0.91. The firm’s 50-day moving average is $78.64 and its two-hundred day moving average is $77.21. Invesco S&P 500 Quality ETF has a 1 year low of $68.68 and a 1 year high of $83.37.

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.