Diversified Enterprises LLC Has $281,000 Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Diversified Enterprises LLC lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 27.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,185 shares of the company’s stock after acquiring an additional 904 shares during the quarter. Diversified Enterprises LLC’s holdings in Invesco S&P 500 Quality ETF were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. First Command Advisory Services Inc. increased its stake in shares of Invesco S&P 500 Quality ETF by 0.9% in the fourth quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock worth $833,466,000 after acquiring an additional 116,159 shares during the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P 500 Quality ETF by 1.9% in the third quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock worth $520,920,000 after purchasing an additional 141,687 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Quality ETF by 5.4% in 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 in the last quarter. FMR LLC boosted its holdings 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 boosted 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 worth $140,888,000 after purchasing an additional 197,353 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Up 1.7 %

Shares of NYSEARCA:SPHQ opened at $66.39 on Friday. The stock has a market capitalization of $11.48 billion, a PE ratio of 27.16 and a beta of 0.93. Invesco S&P 500 Quality ETF has a 1 year low of $57.17 and a 1 year high of $71.22. The firm has a fifty day moving average price of $68.96 and a 200 day moving average price of $67.96.

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.