Truist Financial Corp Boosts Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Truist Financial Corp grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 289,988 shares of the company’s stock after purchasing an additional 23,814 shares during the quarter. Truist Financial Corp’s holdings in Invesco S&P 500 Quality ETF were worth $19,438,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $34,000. Abich Financial Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $38,000. Luken Investment Analytics LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $40,000. Blue Trust Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $43,000. Finally, DHJJ Financial Advisors Ltd. increased its holdings in shares of Invesco S&P 500 Quality ETF by 42.1% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock valued at $69,000 after purchasing an additional 307 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $71.22 on Thursday. The firm has a market cap of $10.64 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The company has a 50 day moving average price of $68.76 and a 200-day moving average price of $67.45. Invesco S&P 500 Quality ETF has a 1-year low of $56.56 and a 1-year high of $71.22.

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.