Thrivent Financial for Lutherans Grows Position in Invesco S&P 500 Quality ETF $SPHQ

Thrivent Financial for Lutherans boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 30.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 154,636 shares of the company’s stock after purchasing an additional 35,910 shares during the period. Thrivent Financial for Lutherans’ holdings in Invesco S&P 500 Quality ETF were worth $11,687,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ausdal Financial Partners Inc. grew its position in Invesco S&P 500 Quality ETF by 187.2% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock worth $3,036,000 after purchasing an additional 27,003 shares during the last quarter. Focus Partners Advisor Solutions LLC grew its position in Invesco S&P 500 Quality ETF by 235.2% during the 3rd 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. Alpine Bank Wealth Management grew its position in Invesco S&P 500 Quality ETF by 1.3% during the 4th quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock worth $41,657,000 after purchasing an additional 7,296 shares during the last quarter. Demars Financial Group LLC lifted its stake in Invesco S&P 500 Quality ETF by 4.6% during the 4th quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock valued at $48,004,000 after acquiring an additional 28,275 shares during the period. Finally, Capital Advisors Ltd. LLC lifted its stake in Invesco S&P 500 Quality ETF by 44.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 42,599 shares of the company’s stock valued at $3,197,000 after acquiring an additional 13,025 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.7%

Shares of NYSEARCA SPHQ opened at $82.07 on Wednesday. Invesco S&P 500 Quality ETF has a 12 month low of $68.68 and a 12 month high of $83.37. The company has a 50 day simple moving average of $78.73 and a two-hundred day simple moving average of $77.26. The stock has a market cap of $17.47 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91.

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.