OneAscent Wealth Management LLC raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 114.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,647 shares of the company’s stock after purchasing an additional 8,886 shares during the quarter. Invesco S&P 500 Quality ETF accounts for about 0.4% of OneAscent Wealth Management LLC’s holdings, making the stock its 20th biggest holding. OneAscent Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,120,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in SPHQ. Clarius Group LLC raised its holdings in Invesco S&P 500 Quality ETF by 18.7% in the 3rd quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after buying an additional 750 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the second quarter valued at $796,000. ACT Advisors LLC. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 2.3% during the third quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock worth $19,300,000 after purchasing an additional 6,397 shares during the period. Kingswood Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 34.7% in the second quarter. Kingswood Wealth Advisors LLC now owns 13,470 shares of the company’s stock worth $856,000 after purchasing an additional 3,470 shares during the last quarter. Finally, Comerica Bank increased its holdings in Invesco S&P 500 Quality ETF by 54.7% in the first quarter. Comerica Bank now owns 63,731 shares of the company’s stock valued at $3,851,000 after purchasing an additional 22,526 shares during the period.
Invesco S&P 500 Quality ETF Trading Down 0.0 %
NYSEARCA:SPHQ traded down $0.01 during trading hours on Monday, hitting $67.03. 63,401 shares of the company were exchanged, compared to its average volume of 950,948. The company has a fifty day simple moving average of $67.06 and a 200 day simple moving average of $64.68. Invesco S&P 500 Quality ETF has a one year low of $51.50 and a one year high of $68.75. The stock has a market capitalization of $10.02 billion, a price-to-earnings 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.
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