Davidson Capital Management Inc. Has $55.99 Million Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Davidson Capital Management Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 835,218 shares of the company’s stock after purchasing an additional 13,856 shares during the period. Invesco S&P 500 Quality ETF comprises approximately 14.7% of Davidson Capital Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Davidson Capital Management Inc. owned 0.56% of Invesco S&P 500 Quality ETF worth $55,985,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPHQ. Wealth Enhancement Advisory Services LLC increased its position in Invesco S&P 500 Quality ETF by 5.1% in the third 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 during the last quarter. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 1.9% during the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock worth $520,920,000 after acquiring an additional 141,687 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in Invesco S&P 500 Quality ETF by 5.4% in the 4th 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 last quarter. FMR LLC raised its stake in Invesco S&P 500 Quality ETF by 4.5% in the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock valued at $286,796,000 after acquiring an additional 184,895 shares during the period. Finally, Kovitz Investment Group Partners LLC raised 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 acquiring an additional 197,353 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.3 %

Shares of NYSEARCA:SPHQ opened at $70.56 on Wednesday. The firm has a market capitalization of $10.55 billion, a PE ratio of 22.60 and a beta of 0.98. The company has a 50-day moving average price of $68.54 and a two-hundred day moving average price of $67.17. Invesco S&P 500 Quality ETF has a twelve month low of $56.56 and a twelve month high of $70.69.

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.