KPP Advisory Services LLC Acquires 7,212 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

KPP Advisory Services LLC raised its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.1% in the fourth quarter, HoldingsChannel reports. The firm owned 96,066 shares of the company’s stock after acquiring an additional 7,212 shares during the period. Invesco S&P 500 Quality ETF comprises about 1.5% of KPP Advisory Services LLC’s investment portfolio, making the stock its 14th largest holding. KPP Advisory Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $6,439,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its stake 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 valued at $711,000 after acquiring an additional 2,150 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Quality ETF by 7.1% in the third 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 during the period. Jane Street Group LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $1,273,000. Clarius Group LLC raised its position 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 acquiring an additional 750 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at approximately $796,000.

Invesco S&P 500 Quality ETF Trading Down 0.9 %

NYSEARCA SPHQ opened at $69.76 on Monday. Invesco S&P 500 Quality ETF has a twelve month low of $55.67 and a twelve month high of $70.69. The stock has a market capitalization of $10.43 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The stock has a 50-day moving average of $68.38 and a 200 day moving average of $66.86.

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.