35,999 Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Purchased by MONECO Advisors LLC

MONECO Advisors LLC bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 35,999 shares of the company’s stock, valued at approximately $2,413,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Gateway Wealth Partners LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 2.8% in the 4th quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock worth $362,000 after acquiring an additional 149 shares during the last quarter. Brighton Jones LLC increased its stake in Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after buying an additional 151 shares during the last quarter. Lunt Capital Management Inc. increased its stake in Invesco S&P 500 Quality ETF by 1.9% in the 4th quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock valued at $652,000 after buying an additional 182 shares during the last quarter. DAVENPORT & Co LLC increased its stake in Invesco S&P 500 Quality ETF by 1.9% in the 4th quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock valued at $666,000 after buying an additional 188 shares during the last quarter. Finally, Alta Wealth Advisors LLC increased its stake in Invesco S&P 500 Quality ETF by 2.0% in the 4th quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock valued at $644,000 after buying an additional 190 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $70.13 on Friday. The firm has a market cap of $11.87 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 52 week low of $57.17 and a 52 week high of $71.22. The firm has a 50-day moving average price of $68.82 and a two-hundred day moving average price of $67.57.

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.