Prospera Financial Services Inc Boosts Holdings in Invesco S&P 500 Quality ETF $SPHQ

Prospera Financial Services Inc increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 554.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 49,278 shares of the company’s stock after purchasing an additional 41,749 shares during the period. Prospera Financial Services Inc’s holdings in Invesco S&P 500 Quality ETF were worth $3,698,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Jefferies Financial Group Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 2.2% in the fourth quarter. Jefferies Financial Group Inc. now owns 270,666 shares of the company’s stock worth $20,314,000 after acquiring an additional 5,785 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Invesco S&P 500 Quality ETF by 7.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 6,662 shares of the company’s stock worth $500,000 after buying an additional 438 shares during the last quarter. Global Retirement Partners LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 0.9% in the 4th quarter. Global Retirement Partners LLC now owns 284,847 shares of the company’s stock valued at $21,378,000 after purchasing an additional 2,669 shares during the last quarter. Prevail Innovative Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 27.6% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 136,258 shares of the company’s stock valued at $10,226,000 after purchasing an additional 29,491 shares during the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of Invesco S&P 500 Quality ETF by 3.5% in the 4th quarter. IFP Advisors Inc now owns 47,670 shares of the company’s stock valued at $3,578,000 after buying an additional 1,610 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $84.64 on Tuesday. The company has a market capitalization of $18.02 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 12-month low of $68.68 and a 12-month high of $84.97. The business’s fifty day moving average price is $79.26 and its 200 day moving average price is $77.55.

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.