Graves Light Lenhart Wealth Inc. Purchases 1,440 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Graves Light Lenhart Wealth Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 232,754 shares of the company’s stock after acquiring an additional 1,440 shares during the period. Invesco S&P 500 Quality ETF comprises approximately 1.9% of Graves Light Lenhart Wealth Inc.’s portfolio, making the stock its 15th biggest holding. Graves Light Lenhart Wealth Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $15,602,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SPHQ. Signal Advisors Wealth LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $429,000. Tsfg LLC boosted its stake in Invesco S&P 500 Quality ETF by 4.7% during the fourth quarter. Tsfg LLC now owns 209,830 shares of the company’s stock worth $14,065,000 after buying an additional 9,362 shares during the period. Miracle Mile Advisors LLC bought a new position in Invesco S&P 500 Quality ETF during the fourth quarter valued at $277,000. ACT Advisors LLC. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 7.9% in the 4th quarter. ACT Advisors LLC. now owns 309,555 shares of the company’s stock worth $20,749,000 after acquiring an additional 22,647 shares during the last quarter. Finally, Brookstone Capital Management lifted its stake in Invesco S&P 500 Quality ETF by 25.4% in the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after purchasing an additional 2,150 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.3 %

Shares of Invesco S&P 500 Quality ETF stock opened at $66.34 on Tuesday. Invesco S&P 500 Quality ETF has a 52 week low of $53.81 and a 52 week high of $69.97. The company has a market capitalization of $9.91 billion, a PE ratio of 22.60 and a beta of 0.98. The stock’s fifty day moving average is $68.09 and its two-hundred day moving average is $66.41.

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.