Commonwealth Equity Services LLC Has $85.98 Million Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Commonwealth Equity Services LLC boosted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 12.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,282,702 shares of the company’s stock after purchasing an additional 140,438 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $85,980,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SPHQ. Gateway Wealth Partners LLC increased its holdings in Invesco S&P 500 Quality ETF by 2.8% during the 4th quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock worth $362,000 after purchasing 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 fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing 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% in the 4th quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock valued at $652,000 after buying an additional 182 shares during the last quarter. DAVENPORT & Co LLC lifted its position in Invesco S&P 500 Quality ETF by 1.9% during the 4th quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock worth $666,000 after buying 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% during the 4th quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock worth $644,000 after buying an additional 190 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $65.27 on Friday. The business has a 50-day moving average of $69.01 and a 200-day moving average of $67.96. The stock has a market capitalization of $11.29 billion, a price-to-earnings 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.

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.