Potentia Wealth Invests $1.03 Million in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Potentia Wealth acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 15,338 shares of the company’s stock, valued at approximately $1,028,000.

A number of other institutional investors have also added to or reduced their stakes in SPHQ. First Command Advisory Services Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 0.9% in the 4th quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock valued at $833,466,000 after acquiring an additional 116,159 shares in the last quarter. LPL Financial LLC lifted its position in Invesco S&P 500 Quality ETF by 12.6% during the fourth quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock valued at $584,389,000 after purchasing an additional 974,609 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its stake in Invesco S&P 500 Quality ETF by 5.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after buying an additional 393,229 shares in the last quarter. FMR LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 4.5% in the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after buying an additional 184,895 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC raised its position in shares of Invesco S&P 500 Quality ETF by 10.4% during the 3rd 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 in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $67.26 on Tuesday. The company has a market capitalization of $11.64 billion, a P/E ratio of 27.16 and a beta of 0.93. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-week high of $71.22. The company has a fifty day moving average of $68.94 and a 200-day moving average of $68.01.

Invesco S&P 500 Quality ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a dividend of $0.2014 per share. This is a boost from Invesco S&P 500 Quality ETF’s previous dividend of $0.18. The ex-dividend date is Monday, March 24th.

Invesco S&P 500 Quality ETF Company 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.