Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) is Burns Matteson Capital Management LLC’s 2nd Largest Position

Burns Matteson Capital Management LLC boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,520 shares of the company’s stock after buying an additional 12,529 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 6.5% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 2nd largest holding. Burns Matteson Capital Management LLC owned approximately 0.13% of Invesco S&P 500 Quality ETF worth $13,307,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SPHQ. Wealth Enhancement Advisory Services LLC lifted its stake in Invesco S&P 500 Quality ETF by 5.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock worth $527,025,000 after purchasing an additional 376,770 shares in the last quarter. LPL Financial LLC grew its holdings in Invesco S&P 500 Quality ETF by 1.9% in the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock valued at $520,920,000 after buying an additional 141,687 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 5.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after acquiring an additional 393,229 shares during the last quarter. FMR LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 4.5% in the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after acquiring an additional 184,895 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 10.4% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after acquiring an additional 197,353 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.5 %

Shares of SPHQ stock opened at $69.93 on Monday. Invesco S&P 500 Quality ETF has a twelve month low of $56.56 and a twelve month high of $70.69. The stock has a market cap of $10.45 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The company’s 50-day moving average price is $68.49 and its 200-day moving average price is $67.07.

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.