Wedbush Securities Inc. Purchases 11,262 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Wedbush Securities Inc. increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 139.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,344 shares of the company’s stock after purchasing an additional 11,262 shares during the quarter. Wedbush Securities Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,297,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. boosted its stake in Invesco S&P 500 Quality ETF by 0.9% during the 4th quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock worth $833,466,000 after acquiring an additional 116,159 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 0.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 12,252,845 shares of the company’s stock worth $821,308,000 after acquiring an additional 107,922 shares in the last quarter. LPL Financial LLC grew its stake in Invesco S&P 500 Quality ETF by 12.6% in the fourth quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock valued at $584,389,000 after acquiring an additional 974,609 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Quality ETF by 5.4% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after purchasing an additional 393,229 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in shares of Invesco S&P 500 Quality ETF by 1.7% during the 4th quarter. Wells Fargo & Company MN now owns 3,167,576 shares of the company’s stock valued at $212,323,000 after purchasing an additional 53,845 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $60.26 on Monday. The company has a market capitalization of $10.69 billion, a P/E ratio of 26.90 and a beta of 0.93. Invesco S&P 500 Quality ETF has a 52 week low of $57.17 and a 52 week high of $71.22. The company’s 50 day moving average price is $68.45 and its two-hundred day moving average price is $67.99.

Invesco S&P 500 Quality ETF Increases Dividend

The company 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 an increase from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.