Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Acquired by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV lifted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 250,532 shares of the company’s stock after purchasing an additional 2,227 shares during the period. Invesco S&P 500 Quality ETF comprises approximately 1.4% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 17th largest holding. Creative Financial Designs Inc. ADV’s holdings in Invesco S&P 500 Quality ETF were worth $16,793,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $34,000. Briaud Financial Planning Inc purchased a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $34,000. Luken Investment Analytics LLC purchased a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $40,000. DHJJ Financial Advisors Ltd. lifted its stake in Invesco S&P 500 Quality ETF by 42.1% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock worth $69,000 after purchasing an additional 307 shares during the last quarter. Finally, Noble Wealth Management PBC purchased a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $70,000.

Invesco S&P 500 Quality ETF Stock Up 1.7 %

SPHQ stock opened at $66.39 on Monday. The business has a 50 day moving average price of $68.96 and a 200 day moving average price of $67.98. The stock has a market cap of $11.48 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.17 and a fifty-two week high of $71.22.

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.