Beaumont Asset Management L.L.C. Buys Shares of 55,007 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Beaumont Asset Management L.L.C. bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 55,007 shares of the company’s stock, valued at approximately $2,975,000. Invesco S&P 500 Quality ETF accounts for 2.1% of Beaumont Asset Management L.L.C.’s investment portfolio, making the stock its 9th biggest position. Beaumont Asset Management L.L.C. owned about 0.05% of Invesco S&P 500 Quality ETF at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. 1900 Wealth Management LLC raised its stake in Invesco S&P 500 Quality ETF by 98.1% during the fourth quarter. 1900 Wealth Management LLC now owns 13,771 shares of the company’s stock worth $745,000 after acquiring an additional 6,820 shares in the last quarter. Riggs Asset Managment Co. Inc. lifted its stake in Invesco S&P 500 Quality ETF by 2.4% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 39,378 shares of the company’s stock valued at $2,130,000 after buying an additional 930 shares during the period. J.W. Cole Advisors Inc. lifted its stake in Invesco S&P 500 Quality ETF by 5.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 36,590 shares of the company’s stock valued at $1,979,000 after buying an additional 1,739 shares during the period. Key Financial Inc lifted its stake in Invesco S&P 500 Quality ETF by 3.0% in the fourth quarter. Key Financial Inc now owns 7,789 shares of the company’s stock valued at $421,000 after buying an additional 230 shares during the period. Finally, Lunt Capital Management Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $1,054,000.

Invesco S&P 500 Quality ETF Trading Up 1.2 %

Shares of NYSEARCA SPHQ traded up $0.72 during mid-day trading on Tuesday, reaching $58.64. 839,874 shares of the company’s stock were exchanged, compared to its average volume of 1,044,425. The business has a fifty day simple moving average of $59.06 and a 200 day simple moving average of $55.03. Invesco S&P 500 Quality ETF has a twelve month low of $46.71 and a twelve month high of $60.77. The firm has a market capitalization of $8.50 billion, a price-to-earnings ratio of 21.97 and a beta of 0.96.

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.