Serenus Wealth Advisors LLC Purchases 31,714 Shares of Invesco S&P 500 Quality ETF $SPHQ

Serenus Wealth Advisors LLC grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 271.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,388 shares of the company’s stock after buying an additional 31,714 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 0.4% of Serenus Wealth Advisors LLC’s portfolio, making the stock its 18th largest position. Serenus Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,180,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SPHQ. Ameriprise Financial Inc. lifted its position in Invesco S&P 500 Quality ETF by 68.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after acquiring an additional 3,741,699 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 4.6% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,413,908 shares of the company’s stock worth $616,655,000 after purchasing an additional 370,859 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 2.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,661,969 shares of the company’s stock valued at $564,534,000 after purchasing an additional 200,729 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Invesco S&P 500 Quality ETF by 6.4% during the second quarter. Bank of America Corp DE now owns 4,360,942 shares of the company’s stock valued at $310,761,000 after purchasing an additional 264,199 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Invesco S&P 500 Quality ETF by 61.2% during the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock valued at $275,733,000 after buying an additional 1,469,187 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $79.67 on Wednesday. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $80.58. The stock has a 50-day moving average of $77.15 and a 200 day moving average of $74.58. The company has a market capitalization of $16.27 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.