WBH Advisory Inc. Acquires New Stake in Invesco S&P 500 Quality ETF $SPHQ

WBH Advisory Inc. bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,789 shares of the company’s stock, valued at approximately $717,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Baird Financial Group Inc. lifted its stake in Invesco S&P 500 Quality ETF by 458.9% in the second quarter. Baird Financial Group Inc. now owns 208,184 shares of the company’s stock valued at $14,835,000 after acquiring an additional 170,936 shares during the last quarter. Crestwood Advisors Group LLC grew its position in shares of Invesco S&P 500 Quality ETF by 3.4% in the 2nd quarter. Crestwood Advisors Group LLC now owns 39,672 shares of the company’s stock valued at $2,827,000 after acquiring an additional 1,323 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P 500 Quality ETF by 9.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,843,952 shares of the company’s stock worth $131,400,000 after purchasing an additional 161,638 shares during the last quarter. CW Advisors LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 72.8% in the 2nd quarter. CW Advisors LLC now owns 17,122 shares of the company’s stock valued at $1,220,000 after purchasing an additional 7,216 shares during the period. Finally, Redhawk Wealth Advisors Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 14.8% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 53,100 shares of the company’s stock valued at $3,892,000 after purchasing an additional 6,850 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $76.83 on Friday. The stock has a 50-day simple moving average of $75.47 and a 200 day simple moving average of $73.71. The stock has a market capitalization of $15.61 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 52 week low of $57.67 and a 52 week high of $78.09.

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.