AssuredPartners Investment Advisors LLC Takes $2.40 Million Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

AssuredPartners Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 35,755 shares of the company’s stock, valued at approximately $2,397,000.

Other large investors have also bought and sold shares of the company. Gateway Wealth Partners LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 2.8% in the fourth 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 lifted 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 purchasing an additional 151 shares during the last quarter. Lunt Capital Management Inc. boosted its position in Invesco S&P 500 Quality ETF by 1.9% in the fourth 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 in the last quarter. DAVENPORT & Co LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 1.9% during the fourth quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock worth $666,000 after buying an additional 188 shares during the last quarter. Finally, Alta Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 2.0% during the fourth quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock worth $644,000 after buying an additional 190 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $66.95 on Thursday. Invesco S&P 500 Quality ETF has a 52 week low of $57.17 and a 52 week high of $71.22. The stock has a market capitalization of $11.58 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93. The stock has a fifty day moving average of $68.95 and a 200-day moving average of $68.03.

Invesco S&P 500 Quality ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a $0.2014 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

Invesco S&P 500 Quality ETF Company 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.