Wingate Wealth Advisors Inc. Acquires Shares of 12,037 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Wingate Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,037 shares of the company’s stock, valued at approximately $807,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Burns Matteson Capital Management LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 6.7% during the fourth quarter. Burns Matteson Capital Management LLC now owns 198,520 shares of the company’s stock worth $13,307,000 after purchasing an additional 12,529 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in Invesco S&P 500 Quality ETF by 125.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 67,753 shares of the company’s stock worth $4,541,000 after buying an additional 37,683 shares during the last quarter. Moloney Securities Asset Management LLC bought a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth about $468,000. Serenus Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth about $646,000. Finally, Kingsview Wealth Management LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 30.1% in the 4th quarter. Kingsview Wealth Management LLC now owns 53,159 shares of the company’s stock valued at $3,563,000 after acquiring an additional 12,288 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

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

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.