Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Rollins Financial Advisors LLC

Rollins Financial Advisors LLC raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 268,933 shares of the company’s stock after acquiring an additional 10,715 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 3.0% of Rollins Financial Advisors LLC’s holdings, making the stock its 8th largest position. Rollins Financial Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $20,183,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ausdal Financial Partners Inc. grew its position in shares of Invesco S&P 500 Quality ETF by 187.2% during the third quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock worth $3,036,000 after buying an additional 27,003 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its stake in Invesco S&P 500 Quality ETF by 235.2% during the third quarter. Focus Partners Advisor Solutions LLC now owns 10,107 shares of the company’s stock worth $742,000 after purchasing an additional 7,092 shares during the last quarter. Alpine Bank Wealth Management lifted its stake in Invesco S&P 500 Quality ETF by 1.3% during the fourth quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock worth $41,657,000 after purchasing an additional 7,296 shares during the last quarter. Demars Financial Group LLC lifted its stake in Invesco S&P 500 Quality ETF by 4.6% in the fourth quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock valued at $48,004,000 after buying an additional 28,275 shares during the last quarter. Finally, Ballast Inc. lifted its stake in Invesco S&P 500 Quality ETF by 3.8% in the third quarter. Ballast Inc. now owns 362,684 shares of the company’s stock valued at $26,581,000 after buying an additional 13,260 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.5%

Shares of NYSEARCA SPHQ opened at $82.59 on Wednesday. Invesco S&P 500 Quality ETF has a twelve month low of $68.68 and a twelve month high of $83.08. The stock has a 50 day moving average of $78.38 and a two-hundred day moving average of $76.98. The stock has a market cap of $17.58 billion, a P/E ratio of 25.36 and a beta of 0.91.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.