Potentia Wealth Acquires Shares of 15,338 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Potentia Wealth purchased a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, Holdings Channel reports. The fund purchased 15,338 shares of the company’s stock, valued at approximately $1,028,000.

Other institutional investors have also recently made changes to their positions in the company. Commerce Bank acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $228,000. Citigroup Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 990.1% during the 3rd quarter. Citigroup Inc. now owns 55,628 shares of the company’s stock worth $3,742,000 after purchasing an additional 50,525 shares during the period. Kingsview Wealth Management LLC raised its position in shares of Invesco S&P 500 Quality ETF by 57.9% in the third quarter. Kingsview Wealth Management LLC now owns 40,871 shares of the company’s stock worth $2,749,000 after acquiring an additional 14,981 shares during the period. Centaurus Financial Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 8.6% during the 3rd quarter. Centaurus Financial Inc. now owns 3,198 shares of the company’s stock worth $215,000 after buying an additional 253 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its holdings in Invesco S&P 500 Quality ETF by 1,244.0% during the third quarter. Brown Brothers Harriman & Co. now owns 67,200 shares of the company’s stock valued at $4,521,000 after purchasing an additional 62,200 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $67.26 on Tuesday. Invesco S&P 500 Quality ETF has a 12 month low of $57.17 and a 12 month high of $71.22. The business has a 50 day simple moving average of $68.94 and a two-hundred day simple moving average of $68.01. The stock has a market capitalization of $11.64 billion, a P/E ratio of 27.16 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.2014 dividend. This is a positive change from Invesco S&P 500 Quality ETF’s previous dividend of $0.18. The ex-dividend date is Monday, March 24th.

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.