Millstone Evans Group LLC Purchases Shares of 497 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Millstone Evans Group LLC acquired a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 497 shares of the company’s stock, valued at approximately $33,000.

Several other institutional investors have also recently modified their holdings of SPHQ. Blue Trust Inc. lifted its position in Invesco S&P 500 Quality ETF by 75.3% during the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock valued at $80,000 after purchasing an additional 508 shares during the period. Brookstone Capital Management raised its position in shares of 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 acquiring an additional 2,150 shares during the period. US Bancorp DE boosted its stake in shares of Invesco S&P 500 Quality ETF by 75.9% during the 4th quarter. US Bancorp DE now owns 11,911 shares of the company’s stock worth $798,000 after acquiring an additional 5,140 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 3rd quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock valued at $14,767,000 after purchasing an additional 14,481 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Invesco S&P 500 Quality ETF in the 3rd quarter worth about $1,273,000.

Invesco S&P 500 Quality ETF Trading Up 1.2 %

Shares of SPHQ stock opened at $67.26 on Tuesday. Invesco S&P 500 Quality ETF has a 12-month low of $57.17 and a 12-month high of $71.22. The business’s 50 day moving average is $68.94 and its two-hundred day moving average is $68.01. The company has a market capitalization of $11.64 billion, a P/E ratio of 27.16 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a $0.2014 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

Invesco S&P 500 Quality ETF 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.