Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Stock Position Increased by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 42.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,635 shares of the company’s stock after buying an additional 18,003 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 1.2% of Prevail Innovative Wealth Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Prevail Innovative Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,064,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SPHQ. First Command Advisory Services Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 0.9% in the 4th quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock worth $833,466,000 after purchasing an additional 116,159 shares in the last quarter. LPL Financial LLC lifted its position in Invesco S&P 500 Quality ETF by 12.6% in the 4th quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock worth $584,389,000 after buying an additional 974,609 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock valued at $514,378,000 after acquiring an additional 393,229 shares in the last quarter. FMR LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 4.5% in the third quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after acquiring an additional 184,895 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 10.4% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after acquiring an additional 197,353 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $65.72 on Friday. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22. The business’s 50-day moving average price is $68.89 and its two-hundred day moving average price is $68.04. The company has a market capitalization of $11.66 billion, a P/E ratio of 26.90 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.2014 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.