Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by Wealth Management Resources Inc.

Wealth Management Resources Inc. raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 518,299 shares of the company’s stock after acquiring an additional 5,910 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 12.6% of Wealth Management Resources Inc.’s investment portfolio, making the stock its largest holding. Wealth Management Resources Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $36,934,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 15.2% during the 1st quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock worth $666,336,000 after buying an additional 1,325,931 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 4.1% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,043,049 shares of the company’s stock worth $573,148,000 after buying an additional 319,087 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 45.7% during the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock worth $365,193,000 after buying an additional 1,727,685 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Invesco S&P 500 Quality ETF by 37.0% during the 1st quarter. Bank of New York Mellon Corp now owns 2,594,265 shares of the company’s stock worth $172,104,000 after buying an additional 700,168 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 59.8% during the 1st quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock worth $159,230,000 after buying an additional 897,944 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $72.21 on Friday. The firm has a 50-day moving average of $72.61 and a 200-day moving average of $69.91. The stock has a market cap of $14.79 billion, a PE ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $74.45.

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.