Wealth Enhancement Advisory Services LLC Buys 376,770 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Wealth Enhancement Advisory Services LLC boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,834,480 shares of the company’s stock after buying an additional 376,770 shares during the quarter. Invesco S&P 500 Quality ETF makes up 1.1% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 13th largest holding. Wealth Enhancement Advisory Services LLC owned 0.05% of Invesco S&P 500 Quality ETF worth $527,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Fiduciary Alliance LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 3.1% in the first quarter. Fiduciary Alliance LLC now owns 23,511 shares of the company’s stock valued at $1,420,000 after purchasing an additional 707 shares during the last quarter. Wealthspire Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $211,000. Clarius Group LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 18.7% during the 3rd quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock worth $320,000 after buying an additional 750 shares in the last quarter. Mayfair Advisory Group LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 11.6% in the 1st quarter. Mayfair Advisory Group LLC now owns 24,031 shares of the company’s stock worth $1,452,000 after buying an additional 2,506 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the second quarter valued at approximately $796,000.

Invesco S&P 500 Quality ETF Stock Down 0.1 %

SPHQ stock traded down $0.07 during midday trading on Friday, hitting $66.66. The company’s stock had a trading volume of 716,550 shares, compared to its average volume of 964,434. The stock has a market cap of $9.96 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The stock’s 50-day moving average price is $66.60 and its 200 day moving average price is $63.71. Invesco S&P 500 Quality ETF has a 1 year low of $47.72 and a 1 year high of $68.38.

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.