Total Clarity Wealth Management Inc. Has $1.53 Million Stock Holdings in Invesco S&P 500 Quality ETF $SPHQ

Total Clarity Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 46.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,294 shares of the company’s stock after purchasing an additional 6,482 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,526,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. MTM Investment Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $26,000. Bell Investment Advisors Inc acquired a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter worth $28,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth $33,000. Finally, Ancora Advisors LLC bought a new position in Invesco S&P 500 Quality ETF during the third quarter worth $35,000.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $89.55 on Tuesday. The stock has a market cap of $19.06 billion, a P/E ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a one year low of $68.89 and a one year high of $90.26. The company has a fifty day moving average price of $83.53 and a 200 day moving average price of $79.40.

About Invesco S&P 500 Quality ETF

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.