Diversify Wealth Management LLC Buys 9,770 Shares of Invesco S&P 500 Quality ETF $SPHQ

Diversify Wealth Management LLC increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 87.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,904 shares of the company’s stock after acquiring an additional 9,770 shares during the period. Diversify Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,673,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Brighton Jones LLC boosted 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 worth $265,000 after purchasing an additional 151 shares during the period. AQR Capital Management LLC increased its holdings in Invesco S&P 500 Quality ETF by 51.2% during the 1st quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock worth $388,000 after purchasing an additional 1,983 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at about $875,000. Jane Street Group LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 29.2% in the 1st quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after purchasing an additional 2,248 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 53.5% in the second quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock valued at $8,218,000 after purchasing an additional 40,210 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $87.03 on Wednesday. The stock’s 50-day moving average is $86.00 and its 200-day moving average is $80.80. Invesco S&P 500 Quality ETF has a one year low of $70.26 and a one year high of $90.36. The firm has a market cap of $19.86 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90.

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