Virginia Estate & Retirement Planning Advisors Inc. Acquires New Stake in Invesco S&P 500 Quality ETF $SPHQ

Virginia Estate & Retirement Planning Advisors Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,903 shares of the company’s stock, valued at approximately $3,021,000. Invesco S&P 500 Quality ETF comprises about 3.8% of Virginia Estate & Retirement Planning Advisors Inc.’s portfolio, making the stock its 9th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. XY Planning Network Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 8.9% during the third quarter. XY Planning Network Inc. now owns 53,007 shares of the company’s stock worth $4,457,000 after purchasing an additional 4,313 shares in the last quarter. Stonehearth Capital Management LLC acquired a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at $1,292,000. Signal Advisors Wealth LLC raised its stake in Invesco S&P 500 Quality ETF by 17.7% in the 3rd quarter. Signal Advisors Wealth LLC now owns 5,447 shares of the company’s stock valued at $458,000 after purchasing an additional 820 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at $263,000. Finally, Trinity Wealth Management LLC lifted its holdings in Invesco S&P 500 Quality ETF by 0.9% in the 3rd quarter. Trinity Wealth Management LLC now owns 36,102 shares of the company’s stock valued at $3,035,000 after purchasing an additional 332 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $85.43 on Wednesday. Invesco S&P 500 Quality ETF has a fifty-two week low of $71.57 and a fifty-two week high of $90.36. The stock’s fifty day moving average is $85.30 and its two-hundred day moving average is $84.21. The firm has a market capitalization of $19.06 billion, a P/E ratio of 25.36 and a beta of 0.91.

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.