Hazlett Burt & Watson Inc. Buys 1,590 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Hazlett Burt & Watson Inc. boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 21.1% during the 4th quarter, HoldingsChannel reports. The fund owned 9,137 shares of the company’s stock after acquiring an additional 1,590 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $612,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Citigroup Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 990.1% in the third quarter. Citigroup Inc. now owns 55,628 shares of the company’s stock valued at $3,742,000 after purchasing an additional 50,525 shares in the last quarter. FMR LLC lifted its stake in Invesco S&P 500 Quality ETF by 4.5% in the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock valued at $286,796,000 after acquiring an additional 184,895 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in Invesco S&P 500 Quality ETF by 0.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 78,721 shares of the company’s stock valued at $5,296,000 after acquiring an additional 306 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of Invesco S&P 500 Quality ETF by 2.8% during the 3rd quarter. Captrust Financial Advisors now owns 16,380 shares of the company’s stock worth $1,102,000 after acquiring an additional 442 shares in the last quarter. Finally, Flow Traders U.S. LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 19.0% in the third quarter. Flow Traders U.S. LLC now owns 8,293 shares of the company’s stock valued at $558,000 after purchasing an additional 1,323 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 1.9 %

Shares of SPHQ stock opened at $65.72 on Monday. Invesco S&P 500 Quality ETF has a 12 month low of $57.17 and a 12 month high of $71.22. The company’s fifty day simple moving average is $68.89 and its 200-day simple moving average is $68.06. The firm has a market cap of $11.66 billion, a PE ratio of 26.90 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.2014 per share. The ex-dividend date was Monday, March 24th. This is a boost from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

About Invesco S&P 500 Quality ETF

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.