Great Valley Advisor Group Inc. Purchases 2,836 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Great Valley Advisor Group Inc. raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 69.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,916 shares of the company’s stock after purchasing an additional 2,836 shares during the period. Great Valley Advisor Group Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $374,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Concord Wealth Partners raised its position in Invesco S&P 500 Quality ETF by 8.3% in the 4th quarter. Concord Wealth Partners now owns 85,500 shares of the company’s stock worth $4,624,000 after purchasing an additional 6,526 shares during the period. Cozad Asset Management Inc. raised its position in Invesco S&P 500 Quality ETF by 0.7% in the 4th quarter. Cozad Asset Management Inc. now owns 206,658 shares of the company’s stock worth $11,176,000 after purchasing an additional 1,341 shares during the period. Birchcreek Wealth Management LLC raised its position in Invesco S&P 500 Quality ETF by 37.3% in the 4th quarter. Birchcreek Wealth Management LLC now owns 13,832 shares of the company’s stock worth $748,000 after purchasing an additional 3,757 shares during the period. IAG Wealth Partners LLC raised its position in Invesco S&P 500 Quality ETF by 10.2% in the 4th quarter. IAG Wealth Partners LLC now owns 115,938 shares of the company’s stock worth $6,270,000 after purchasing an additional 10,746 shares during the period. Finally, Truist Financial Corp raised its position in Invesco S&P 500 Quality ETF by 37.0% in the 4th quarter. Truist Financial Corp now owns 206,890 shares of the company’s stock worth $11,189,000 after purchasing an additional 55,843 shares during the period.

Invesco S&P 500 Quality ETF Trading Up 1.2 %

SPHQ stock opened at $58.96 on Monday. The firm’s 50-day moving average price is $59.27 and its two-hundred day moving average price is $55.53. The stock has a market capitalization of $8.64 billion, a price-to-earnings ratio of 21.94 and a beta of 0.97. Invesco S&P 500 Quality ETF has a 12-month low of $46.73 and a 12-month high of $60.77.

Invesco S&P 500 Quality ETF Company 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.