Kingswood Wealth Advisors LLC Acquires New Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Kingswood Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 13,986 shares of the company’s stock, valued at approximately $937,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPHQ. Brighton Jones LLC raised its position in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after buying an additional 151 shares during the last quarter. Redhawk Wealth Advisors Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 0.5% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 45,970 shares of the company’s stock valued at $3,081,000 after purchasing an additional 221 shares in the last quarter. Stratos Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 1.4% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock valued at $1,082,000 after purchasing an additional 225 shares in the last quarter. Huntington National Bank increased its holdings in shares of Invesco S&P 500 Quality ETF by 11.4% during the 3rd quarter. Huntington National Bank now owns 2,428 shares of the company’s stock valued at $163,000 after purchasing an additional 249 shares in the last quarter. Finally, Centaurus Financial Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 8.6% during the 3rd quarter. Centaurus Financial Inc. now owns 3,198 shares of the company’s stock valued at $215,000 after purchasing an additional 253 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $69.53 on Wednesday. The firm has a market cap of $10.39 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The company has a 50 day moving average price of $68.26 and a 200-day moving average price of $66.76. Invesco S&P 500 Quality ETF has a 1-year low of $55.67 and a 1-year high of $69.97.

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.