Creative Financial Designs Inc. ADV boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 98.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 248,305 shares of the company’s stock after purchasing an additional 123,483 shares during the quarter. Invesco S&P 500 Quality ETF makes up 1.4% of Creative Financial Designs Inc. ADV’s investment portfolio, making the stock its 16th biggest holding. Creative Financial Designs Inc. ADV owned approximately 0.17% of Invesco S&P 500 Quality ETF worth $16,703,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also made changes to their positions in SPHQ. GPS Wealth Strategies Group LLC raised its holdings in Invesco S&P 500 Quality ETF by 25.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,016 shares of the company’s stock valued at $65,000 after acquiring an additional 208 shares in the last quarter. SteelPeak Wealth LLC increased its position in shares of Invesco S&P 500 Quality ETF by 1.2% in the 2nd quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock valued at $1,171,000 after purchasing an additional 219 shares during the last quarter. Stratos Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Quality ETF by 1.4% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock valued at $1,082,000 after purchasing an additional 225 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Invesco S&P 500 Quality ETF by 2.2% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock valued at $786,000 after purchasing an additional 266 shares in the last quarter. Finally, CWM LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 5.4% during the 3rd quarter. CWM LLC now owns 5,407 shares of the company’s stock worth $364,000 after purchasing an additional 275 shares during the last quarter.
Invesco S&P 500 Quality ETF Trading Down 1.5 %
Shares of SPHQ stock opened at $65.67 on Friday. Invesco S&P 500 Quality ETF has a 12 month low of $48.22 and a 12 month high of $68.38. The company has a market cap of $9.81 billion, a P/E ratio of 22.60 and a beta of 0.98. The firm has a fifty day moving average price of $66.66 and a 200 day moving average price of $63.88.
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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