Cornerstone Wealth Management LLC Buys 864 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Cornerstone Wealth Management LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 107,992 shares of the company’s stock after purchasing an additional 864 shares during the period. Cornerstone Wealth Management LLC owned approximately 0.07% of Invesco S&P 500 Quality ETF worth $7,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Tsfg LLC boosted its position in Invesco S&P 500 Quality ETF by 2.8% during the third quarter. Tsfg LLC now owns 200,468 shares of the company’s stock valued at $13,485,000 after purchasing an additional 5,398 shares in the last quarter. ERn Financial LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 2.8% during the 3rd quarter. ERn Financial LLC now owns 40,738 shares of the company’s stock worth $2,740,000 after acquiring an additional 1,119 shares in the last quarter. NBC Securities Inc. grew its stake in Invesco S&P 500 Quality ETF by 39.0% in the 3rd quarter. NBC Securities Inc. now owns 3,961 shares of the company’s stock valued at $266,000 after acquiring an additional 1,111 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Quality ETF by 3.7% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,280,618 shares of the company’s stock worth $489,767,000 after buying an additional 260,719 shares during the last quarter. Finally, Iams Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth $315,000.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $67.67 on Thursday. The firm’s 50 day moving average price is $66.14 and its 200-day moving average price is $63.38. Invesco S&P 500 Quality ETF has a one year low of $47.72 and a one year high of $68.38. The firm has a market cap of $10.11 billion, a PE ratio of 22.60 and a beta of 0.98.

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.