Fortis Group Advisors LLC Acquires Shares of 26,415 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Fortis Group Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 26,415 shares of the company’s stock, valued at approximately $1,771,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in Invesco S&P 500 Quality ETF by 5.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock valued at $527,025,000 after acquiring an additional 376,770 shares in the last quarter. LPL Financial LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 1.9% in the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock valued at $520,920,000 after purchasing an additional 141,687 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 5.4% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after purchasing an additional 393,229 shares during the last quarter. FMR LLC grew its stake in Invesco S&P 500 Quality ETF by 4.5% in the third quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after purchasing an additional 184,895 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC increased its holdings in Invesco S&P 500 Quality ETF by 10.4% in the third quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock valued at $140,888,000 after buying an additional 197,353 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.4 %

NYSEARCA:SPHQ opened at $70.82 on Tuesday. The company has a market cap of $10.58 billion, a PE ratio of 22.60 and a beta of 0.98. The business’s 50 day moving average is $68.67 and its two-hundred day moving average is $67.37. Invesco S&P 500 Quality ETF has a 52 week low of $56.56 and a 52 week high of $71.12.

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.