Onyx Bridge Wealth Group LLC Purchases 14,355 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Onyx Bridge Wealth Group LLC raised its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 47.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 44,627 shares of the company’s stock after purchasing an additional 14,355 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,991,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPHQ. Brookstone Capital Management increased its position in Invesco S&P 500 Quality ETF by 25.4% in the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after buying an additional 2,150 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Invesco S&P 500 Quality ETF by 7.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after acquiring an additional 14,481 shares in the last quarter. Jane Street Group LLC bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $1,273,000. Clarius Group LLC lifted its holdings in Invesco S&P 500 Quality ETF by 18.7% during the third quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after purchasing an additional 750 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the second quarter worth approximately $796,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $70.28 on Thursday. The company has a market capitalization of $10.50 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The company’s fifty day moving average price is $68.44 and its 200-day moving average price is $66.96. Invesco S&P 500 Quality ETF has a one year low of $56.53 and a one year high of $70.69.

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.