Ballast Inc. boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 0.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 353,303 shares of the company’s stock after buying an additional 2,205 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 6.8% of Ballast Inc.’s portfolio, making the stock its 3rd biggest position. Ballast Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $23,682,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 5.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock worth $527,025,000 after buying an additional 376,770 shares in the last quarter. LPL Financial LLC increased its position in shares of Invesco S&P 500 Quality ETF by 1.9% during the third quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock valued at $520,920,000 after acquiring an additional 141,687 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its holdings in 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 acquiring an additional 393,229 shares during the period. FMR LLC boosted its position in Invesco S&P 500 Quality ETF by 4.5% in the third quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after purchasing an additional 184,895 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC grew its stake in Invesco S&P 500 Quality ETF by 10.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock valued at $140,888,000 after purchasing an additional 197,353 shares during the period.
Invesco S&P 500 Quality ETF Stock Performance
NYSEARCA SPHQ opened at $68.11 on Friday. The company has a market capitalization of $10.18 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52-week low of $54.14 and a 52-week high of $69.97. The company has a 50-day simple moving average of $68.07 and a 200 day simple moving average of $66.51.
Invesco S&P 500 Quality ETF 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.
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