Waldron Private Wealth LLC Makes New $853,000 Investment in Invesco S&P 500 Quality ETF $SPHQ

Waldron Private Wealth LLC bought a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,368 shares of the company’s stock, valued at approximately $853,000.

A number of other institutional investors have also recently made changes to their positions in SPHQ. Baird Financial Group Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 458.9% in the 2nd quarter. Baird Financial Group Inc. now owns 208,184 shares of the company’s stock worth $14,835,000 after buying an additional 170,936 shares during the last quarter. Ausdal Financial Partners Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 187.2% in the third quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock valued at $3,036,000 after acquiring an additional 27,003 shares during the period. Focus Partners Advisor Solutions LLC boosted its position in Invesco S&P 500 Quality ETF by 235.2% in the third quarter. Focus Partners Advisor Solutions LLC now owns 10,107 shares of the company’s stock worth $742,000 after purchasing an additional 7,092 shares during the last quarter. CW Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 72.8% during 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. grew its stake in shares of Invesco S&P 500 Quality ETF by 14.8% during 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 Down 1.1%

Shares of NYSEARCA:SPHQ opened at $74.11 on Friday. The stock has a market capitalization of $15.14 billion, a PE ratio of 25.36 and a beta of 0.92. The firm’s 50 day moving average price is $78.10 and its 200-day moving average price is $75.69. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $81.04.

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.