Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Purchased by Wedbush Securities Inc.

Wedbush Securities Inc. grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 139.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,344 shares of the company’s stock after buying an additional 11,262 shares during the period. Wedbush Securities Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,297,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SPHQ. Blue Trust Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF by 75.3% during the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock valued at $80,000 after purchasing an additional 508 shares during the last quarter. Brookstone Capital Management increased its position in Invesco S&P 500 Quality ETF by 25.4% in the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after buying an additional 2,150 shares during the period. US Bancorp DE boosted its holdings in shares of Invesco S&P 500 Quality ETF by 75.9% during the fourth quarter. US Bancorp DE now owns 11,911 shares of the company’s stock valued at $798,000 after acquiring an additional 5,140 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 7.1% during the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock valued at $14,767,000 after acquiring an additional 14,481 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $1,273,000.

Invesco S&P 500 Quality ETF Stock Down 5.9 %

Shares of NYSEARCA:SPHQ opened at $60.26 on Monday. The company’s 50-day moving average price is $68.45 and its 200 day moving average price is $67.99. The company has a market cap of $10.69 billion, a PE ratio of 26.90 and a beta of 0.93. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.17 and a fifty-two week high of $71.22.

Invesco S&P 500 Quality ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.2014 per share. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.