Cerro Pacific Wealth Advisors LLC Raises Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Cerro Pacific Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 39.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,603 shares of the company’s stock after purchasing an additional 12,379 shares during the period. Cerro Pacific Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,933,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at $34,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $38,000. Blue Trust Inc. acquired a new position in Invesco S&P 500 Quality ETF during the third quarter worth about $43,000. VitalStone Financial LLC boosted its position in Invesco S&P 500 Quality ETF by 178.8% during the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after acquiring an additional 522 shares during the last quarter. Finally, Arrow Financial Corp acquired a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $106,000.

Invesco S&P 500 Quality ETF Price Performance

SPHQ opened at $69.67 on Friday. The firm has a market capitalization of $10.41 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The company’s 50 day simple moving average is $68.12 and its two-hundred day simple moving average is $66.63. Invesco S&P 500 Quality ETF has a 1-year low of $55.67 and a 1-year high of $69.97.

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.