Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Purchased by First Command Advisory Services Inc.

First Command Advisory Services Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.9% in the 4th quarter, HoldingsChannel reports. The fund owned 12,434,226 shares of the company’s stock after buying an additional 116,159 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 7.9% of First Command Advisory Services Inc.’s investment portfolio, making the stock its 4th biggest holding. First Command Advisory Services Inc. owned 0.08% of Invesco S&P 500 Quality ETF worth $833,466,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $43,000. Gateway Wealth Partners LLC boosted its stake in Invesco S&P 500 Quality ETF by 23.8% during the 3rd quarter. Gateway Wealth Partners LLC now owns 5,250 shares of the company’s stock worth $353,000 after purchasing an additional 1,011 shares during the period. Eagle Strategies LLC boosted its stake in Invesco S&P 500 Quality ETF by 1.6% during the 3rd quarter. Eagle Strategies LLC now owns 187,090 shares of the company’s stock worth $12,586,000 after purchasing an additional 2,999 shares during the period. Edge Financial Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF during the 3rd quarter worth $2,449,000. Finally, Focus Financial Network Inc. increased its stake in Invesco S&P 500 Quality ETF by 3.2% in the third quarter. Focus Financial Network Inc. now owns 211,867 shares of the company’s stock valued at $14,252,000 after purchasing an additional 6,650 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $70.11 on Thursday. The company has a market capitalization of $11.87 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.17 and a fifty-two week high of $71.22. The firm has a 50-day simple moving average of $68.89 and a 200-day simple moving average of $67.73.

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.