Verdence Capital Advisors LLC Has $687,000 Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Verdence Capital Advisors LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 10,215 shares of the company’s stock after purchasing an additional 658 shares during the period. Verdence Capital Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $687,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. GPS Wealth Strategies Group LLC lifted its holdings in Invesco S&P 500 Quality ETF by 25.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,016 shares of the company’s stock worth $65,000 after buying an additional 208 shares in the last quarter. SteelPeak Wealth LLC raised its position in shares of Invesco S&P 500 Quality ETF by 1.2% during the second quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock worth $1,171,000 after acquiring an additional 219 shares during the last quarter. Stratos Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 1.4% during the third quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock valued at $1,082,000 after acquiring an additional 225 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Invesco S&P 500 Quality ETF by 2.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock valued at $786,000 after acquiring an additional 266 shares during the last quarter. Finally, CWM LLC increased its position in Invesco S&P 500 Quality ETF by 5.4% in the third quarter. CWM LLC now owns 5,407 shares of the company’s stock worth $364,000 after purchasing an additional 275 shares during the period.

Invesco S&P 500 Quality ETF Trading Up 0.4 %

Invesco S&P 500 Quality ETF stock opened at $68.57 on Monday. Invesco S&P 500 Quality ETF has a 1 year low of $50.06 and a 1 year high of $68.73. The company’s 50-day moving average is $66.80 and its two-hundred day moving average is $64.35. The company has a market cap of $10.25 billion, a PE ratio of 22.60 and a beta of 0.98.

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.