BankPlus Trust Department Invests $998,000 in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

BankPlus Trust Department purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 14,882 shares of the company’s stock, valued at approximately $998,000.

A number of other large investors also recently bought and sold shares of the business. Assetmark Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 43,723.2% during the third quarter. Assetmark Inc. now owns 624,481 shares of the company’s stock valued at $42,009,000 after purchasing an additional 623,056 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in Invesco S&P 500 Quality ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after buying an additional 393,229 shares in the last quarter. Wealth Management Resources Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 132.6% in the fourth quarter. Wealth Management Resources Inc. now owns 502,362 shares of the company’s stock valued at $33,673,000 after acquiring an additional 286,391 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 10.4% in the third quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after acquiring an additional 197,353 shares during the last quarter. Finally, FMR LLC increased its position in shares of Invesco S&P 500 Quality ETF by 4.5% during the third quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after purchasing an additional 184,895 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Down 1.2 %

Shares of SPHQ opened at $70.13 on Monday. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-week high of $71.22. The stock has a market cap of $11.87 billion, a PE ratio of 29.27 and a beta of 0.94. The firm’s fifty day moving average is $68.82 and its two-hundred day moving average is $67.62.

Invesco S&P 500 Quality ETF 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.