Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 363.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 455,118 shares of the company’s stock after purchasing an additional 356,849 shares during the quarter. Kestra Advisory Services LLC owned 0.21% of Invesco S&P 500 Quality ETF worth $34,220,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SPHQ. Ausdal Financial Partners Inc. grew its stake in shares of 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 period. Demars Financial Group LLC increased its holdings in shares of 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 purchasing an additional 28,275 shares in the last quarter. Alpine Bank Wealth Management lifted its stake in shares of Invesco S&P 500 Quality ETF by 1.3% in the 4th quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock valued at $41,657,000 after purchasing an additional 7,296 shares during the period. Capital Advisors Ltd. LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 44.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 42,599 shares of the company’s stock valued at $3,197,000 after purchasing an additional 13,025 shares during the period. Finally, Sherman Wealth Management LLC purchased a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth $1,003,000.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock traded up $0.36 during midday trading on Friday, hitting $88.12. 1,393,921 shares of the stock traded hands, compared to its average volume of 1,765,440. The firm has a market cap of $20.03 billion, a P/E ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 1-year low of $70.26 and a 1-year high of $90.36. The stock’s fifty day simple moving average is $85.78 and its 200-day simple moving average is $80.61.

Invesco S&P 500 Quality ETF 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.