HBW Advisory Services LLC Boosts Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

HBW Advisory Services LLC increased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 38.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,715 shares of the company’s stock after buying an additional 3,249 shares during the period. HBW Advisory Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $788,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fiduciary Alliance LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 3.1% in the first quarter. Fiduciary Alliance LLC now owns 23,511 shares of the company’s stock worth $1,420,000 after buying an additional 707 shares in the last quarter. Wealthspire Advisors LLC bought a new position in Invesco S&P 500 Quality ETF in the 1st quarter worth about $211,000. Cresset Asset Management LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 22.7% in the 4th quarter. Cresset Asset Management LLC now owns 153,424 shares of the company’s stock valued at $8,297,000 after acquiring an additional 28,384 shares in the last quarter. Mayfair Advisory Group LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 11.6% during the 1st quarter. Mayfair Advisory Group LLC now owns 24,031 shares of the company’s stock valued at $1,452,000 after acquiring an additional 2,506 shares during the last quarter. Finally, ICA Group Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $566,000.

Invesco S&P 500 Quality ETF Stock Up 0.6 %

Shares of SPHQ stock traded up $0.37 during trading on Friday, hitting $66.93. The company had a trading volume of 1,096,976 shares, compared to its average volume of 974,833. The stock’s 50-day moving average is $65.44 and its two-hundred day moving average is $62.96. The stock has a market capitalization of $10.00 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52 week low of $47.72 and a 52 week high of $67.54.

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.