Invesco S&P 500 Quality ETF $SPHQ Stock Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 116.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 899,891 shares of the company’s stock after purchasing an additional 484,558 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $75,663,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Trinity Wealth Management LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 154.0% during the 2nd quarter. Trinity Wealth Management LLC now owns 35,770 shares of the company’s stock worth $3,223,000 after acquiring an additional 21,689 shares during the period. Virginia Estate & Retirement Planning Advisors Inc. bought a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $3,021,000. NewEdge Advisors LLC raised its stake in Invesco S&P 500 Quality ETF by 10.6% in the 2nd quarter. NewEdge Advisors LLC now owns 162,662 shares of the company’s stock valued at $14,656,000 after acquiring an additional 15,539 shares during the period. Advisory Solutions Group LLC bought a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $1,990,000. Finally, QRG Capital Management Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 1,180.3% during the second quarter. QRG Capital Management Inc. now owns 57,986 shares of the company’s stock valued at $5,225,000 after purchasing an additional 53,457 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 4.2%

Shares of NYSEARCA:SPHQ opened at $81.08 on Friday. The firm has a market capitalization of $18.13 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a twelve month low of $71.57 and a twelve month high of $90.36. The company has a 50-day moving average price of $84.45 and a two-hundred day moving average price of $82.80.

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.