Soltis Investment Advisors LLC Takes $510,000 Position in Invesco S&P 500 Quality ETF $SPHQ

Soltis Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,796 shares of the company’s stock, valued at approximately $510,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SPHQ. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at about $33,000. Ancora Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $35,000. Dunhill Financial LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 10,060.0% during the 3rd quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock valued at $37,000 after acquiring an additional 503 shares during the last quarter. Burkett Financial Services LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $37,000. Finally, Grey Fox Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $47,000.

Invesco S&P 500 Quality ETF Trading Up 0.1%

Shares of SPHQ stock opened at $82.63 on Tuesday. The stock has a market cap of $17.59 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a twelve month low of $68.68 and a twelve month high of $83.37. The company’s 50-day moving average price is $78.64 and its 200-day moving average price is $77.21.

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.