Geneos Wealth Management Inc. Raises Stock Position in Invesco S&P 500 Quality ETF $SPHQ

Geneos Wealth Management Inc. raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 712.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,167 shares of the company’s stock after purchasing an additional 109,758 shares during the quarter. Geneos Wealth Management Inc. owned about 0.06% of Invesco S&P 500 Quality ETF worth $9,411,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SPHQ. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Invesco S&P 500 Quality ETF by 4.5% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock valued at $238,000 after buying an additional 136 shares during the period. Compound Planning Inc. grew its position in Invesco S&P 500 Quality ETF by 1.0% in the fourth quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock worth $1,092,000 after acquiring an additional 138 shares during the period. Verum Partners LLC increased its stake in Invesco S&P 500 Quality ETF by 0.3% during the fourth quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock worth $3,772,000 after acquiring an additional 141 shares during the last quarter. World Investment Advisors increased its stake in Invesco S&P 500 Quality ETF by 0.6% during the first quarter. World Investment Advisors now owns 24,754 shares of the company’s stock worth $1,861,000 after acquiring an additional 142 shares during the last quarter. Finally, Latitude Advisors LLC raised its position in Invesco S&P 500 Quality ETF by 3.0% in the fourth quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock valued at $379,000 after purchasing an additional 148 shares during the period.

Invesco S&P 500 Quality ETF Stock Down 1.1%

Shares of Invesco S&P 500 Quality ETF stock opened at $86.10 on Thursday. Invesco S&P 500 Quality ETF has a 52 week low of $70.26 and a 52 week high of $90.36. The business’s fifty day simple moving average is $86.07 and its 200-day simple moving average is $80.87. The firm has a market cap of $19.65 billion, a PE ratio of 25.36 and a beta of 0.90.

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.