Financial Counselors Inc. Boosts Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Financial Counselors Inc. boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 4.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,572 shares of the company’s stock after purchasing an additional 227 shares during the period. Financial Counselors Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $373,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gateway Wealth Partners LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 2.8% in the fourth quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock valued at $362,000 after buying an additional 149 shares in the last quarter. Brighton Jones LLC grew its position in Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after acquiring an additional 151 shares in the last quarter. Lunt Capital Management Inc. increased 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 purchasing an additional 182 shares during the period. DAVENPORT & Co LLC lifted its position in shares of 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 purchasing an additional 188 shares in the last quarter. Finally, Alta Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 2.0% in the fourth quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock valued at $644,000 after purchasing an additional 190 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $65.72 on Friday. The stock has a market capitalization of $11.37 billion, a P/E ratio of 27.16 and a beta of 0.93. 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 company has a 50 day moving average price of $68.89 and a 200 day moving average price of $68.02.

Invesco S&P 500 Quality ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.2014 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.