Alpha Cubed Investments LLC Purchases 588 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Alpha Cubed Investments LLC raised its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 40,366 shares of the company’s stock after acquiring an additional 588 shares during the period. Alpha Cubed Investments LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,706,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Hoese & Co LLP boosted its holdings in Invesco S&P 500 Quality ETF by 1.3% in the fourth quarter. Hoese & Co LLP now owns 159,615 shares of the company’s stock worth $10,697,000 after purchasing an additional 2,089 shares during the last quarter. Union Savings Bank boosted its stake in shares of Invesco S&P 500 Quality ETF by 12.1% in the 4th quarter. Union Savings Bank now owns 388,123 shares of the company’s stock worth $26,012,000 after buying an additional 41,842 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Invesco S&P 500 Quality ETF by 9.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 4,775 shares of the company’s stock worth $320,000 after acquiring an additional 426 shares during the period. Diversify Advisory Services LLC purchased a new stake in Invesco S&P 500 Quality ETF during the fourth quarter valued at $251,000. Finally, Ballast Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 0.6% in the fourth quarter. Ballast Inc. now owns 353,303 shares of the company’s stock valued at $23,682,000 after acquiring an additional 2,205 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.7 %

Invesco S&P 500 Quality ETF stock opened at $68.11 on Tuesday. The company has a market cap of $10.18 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52-week low of $54.14 and a 52-week high of $69.97. The business has a 50-day simple moving average of $68.06 and a two-hundred day simple moving average of $66.56.

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.