EverSource Wealth Advisors LLC Acquires 21,873 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

EverSource Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 277.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 29,769 shares of the company’s stock after purchasing an additional 21,873 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,995,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of SPHQ. Raymond James Financial Inc. bought a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth about $100,697,000. Independent Advisor Alliance bought a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth about $84,264,000. Cliftonlarsonallen Wealth Advisors LLC increased its position 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. Jones Financial Companies Lllp increased its position in Invesco S&P 500 Quality ETF by 66.5% during the fourth quarter. Jones Financial Companies Lllp now owns 766,218 shares of the company’s stock worth $51,360,000 after acquiring an additional 305,990 shares during the period. Finally, Wealth Management Resources Inc. increased its position in Invesco S&P 500 Quality ETF by 132.6% during the fourth quarter. Wealth Management Resources Inc. now owns 502,362 shares of the company’s stock worth $33,673,000 after acquiring an additional 286,391 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $66.40 on Thursday. The firm has a market cap of $11.49 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93. Invesco S&P 500 Quality ETF has a 52 week low of $57.17 and a 52 week high of $71.22. The firm’s 50-day simple moving average is $69.02 and its 200 day simple moving average is $67.97.

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.