Invesco S&P 500 Quality ETF $SPHQ is Sfmg LLC’s 3rd Largest Position

Sfmg LLC lifted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,668,107 shares of the company’s stock after acquiring an additional 16,565 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 8.4% of Sfmg LLC’s investment portfolio, making the stock its 3rd biggest position. Sfmg LLC’s holdings in Invesco S&P 500 Quality ETF were worth $125,191,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 68.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after buying an additional 3,741,699 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 5.9% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock worth $668,722,000 after buying an additional 496,439 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 3.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock worth $611,604,000 after buying an additional 253,950 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Invesco S&P 500 Quality ETF by 8.0% during the 3rd quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock worth $345,204,000 after buying an additional 349,166 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 15.6% during the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock worth $327,844,000 after buying an additional 603,848 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.1%

Shares of NYSEARCA:SPHQ opened at $85.36 on Friday. The company has a market capitalization of $18.17 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a twelve month low of $68.89 and a twelve month high of $85.93. The firm has a 50 day simple moving average of $79.99 and a 200-day simple moving average of $77.86.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.