Cyrus J. Lawrence LLC Invests $267,000 in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Cyrus J. Lawrence LLC acquired a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,986 shares of the company’s stock, valued at approximately $267,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Gateway Wealth Partners LLC boosted its stake in Invesco S&P 500 Quality ETF by 2.8% during the fourth quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock worth $362,000 after buying an additional 149 shares in the last quarter. Brighton Jones LLC boosted its stake in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after buying an additional 151 shares in the last quarter. Lunt Capital Management Inc. boosted its stake in Invesco S&P 500 Quality ETF by 1.9% during the fourth quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock worth $652,000 after buying an additional 182 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in Invesco S&P 500 Quality ETF by 1.9% during the fourth quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock worth $666,000 after buying an additional 188 shares in the last quarter. Finally, Alta Wealth Advisors LLC boosted its stake in Invesco S&P 500 Quality ETF by 2.0% during the fourth quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock worth $644,000 after buying an additional 190 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

SPHQ opened at $66.43 on Friday. 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’s fifty day moving average price is $68.92 and its two-hundred day moving average price is $67.96. The company has a market capitalization of $11.49 billion, a P/E ratio of 27.16 and a beta of 0.93.

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.