EverSource Wealth Advisors LLC Purchases 21,873 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

EverSource Wealth Advisors LLC increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 277.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,769 shares of the company’s stock after acquiring an additional 21,873 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,995,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Gateway Wealth Partners LLC grew its position in Invesco S&P 500 Quality ETF by 2.8% in the 4th quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock worth $362,000 after purchasing an additional 149 shares during the last quarter. Brighton Jones LLC grew its position in Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares during the last quarter. Lunt Capital Management Inc. grew its position in Invesco S&P 500 Quality ETF by 1.9% in the 4th quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock worth $652,000 after purchasing an additional 182 shares during the last quarter. DAVENPORT & Co LLC grew its position in Invesco S&P 500 Quality ETF by 1.9% in the 4th quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock worth $666,000 after purchasing an additional 188 shares during the last quarter. Finally, Alta Wealth Advisors LLC grew its position in Invesco S&P 500 Quality ETF by 2.0% in the 4th quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock worth $644,000 after purchasing an additional 190 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $66.40 on Thursday. The firm has a market capitalization of $11.49 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93. The company’s fifty day moving average is $69.02 and its two-hundred day moving average is $67.97. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-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.