Endowment Wealth Management Inc. Purchases 9,983 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Endowment Wealth Management Inc. raised its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 45.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,943 shares of the company’s stock after acquiring an additional 9,983 shares during the quarter. Invesco S&P 500 Quality ETF comprises 1.4% of Endowment Wealth Management Inc.’s investment portfolio, making the stock its 17th biggest holding. Endowment Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $2,141,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Command Advisory Services Inc. grew its stake in Invesco S&P 500 Quality ETF by 0.9% in the 4th quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock valued at $833,466,000 after buying an additional 116,159 shares in the last quarter. LPL Financial LLC lifted its position in Invesco S&P 500 Quality ETF by 1.9% during the third quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock valued at $520,920,000 after purchasing 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% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock valued at $514,378,000 after buying an additional 393,229 shares during the last quarter. FMR LLC raised its position in shares of Invesco S&P 500 Quality ETF by 4.5% during the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock valued at $286,796,000 after purchasing an additional 184,895 shares during the period. Finally, Kovitz Investment Group Partners LLC increased its holdings 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 last quarter.

Invesco S&P 500 Quality ETF Trading Down 1.9 %

SPHQ stock opened at $67.09 on Tuesday. Invesco S&P 500 Quality ETF has a 12 month low of $57.17 and a 12 month high of $71.22. The company has a 50-day moving average price of $69.04 and a 200 day moving average price of $67.96. The stock has a market cap of $11.35 billion, a PE ratio of 29.27 and a beta of 0.94.

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.