Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 27.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 136,258 shares of the company’s stock after acquiring an additional 29,491 shares during the period. Invesco S&P 500 Quality ETF comprises about 1.8% of Prevail Innovative Wealth Advisors LLC’s holdings, making the stock its 6th biggest holding. Prevail Innovative Wealth Advisors LLC owned 0.07% of Invesco S&P 500 Quality ETF worth $10,226,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Ausdal Financial Partners Inc. raised its position in Invesco S&P 500 Quality ETF by 187.2% during the third quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock worth $3,036,000 after acquiring an additional 27,003 shares during the period. Focus Partners Advisor Solutions LLC raised its position in Invesco S&P 500 Quality ETF by 235.2% during the third quarter. Focus Partners Advisor Solutions LLC now owns 10,107 shares of the company’s stock worth $742,000 after acquiring an additional 7,092 shares during the period. Alpine Bank Wealth Management raised its position in Invesco S&P 500 Quality ETF by 1.3% during the fourth quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock worth $41,657,000 after acquiring an additional 7,296 shares during the period. Demars Financial Group LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 4.6% during the fourth quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock worth $48,004,000 after buying an additional 28,275 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 44.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 42,599 shares of the company’s stock worth $3,197,000 after buying an additional 13,025 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 1.4%

Invesco S&P 500 Quality ETF stock opened at $83.23 on Thursday. Invesco S&P 500 Quality ETF has a 52-week low of $68.68 and a 52-week high of $83.37. The firm has a market capitalization of $17.72 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The company has a fifty day simple moving average of $78.83 and a 200-day simple moving average of $77.33.

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