Wetzel Investment Advisors Inc. Grows Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Wetzel Investment Advisors Inc. increased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 97,385 shares of the company’s stock after buying an additional 660 shares during the period. Invesco S&P 500 Quality ETF accounts for approximately 3.2% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 6th largest holding. Wetzel Investment Advisors Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $6,528,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Truvestments Capital LLC bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter worth about $34,000. Abich Financial Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $38,000. Blue Trust Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $43,000. VitalStone Financial LLC increased its position in shares of Invesco S&P 500 Quality ETF by 178.8% in the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after purchasing an additional 522 shares during the last quarter. Finally, Arrow Financial Corp purchased a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $106,000.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock opened at $69.40 on Tuesday. The firm has a 50 day simple moving average of $68.21 and a two-hundred day simple moving average of $66.73. The stock has a market cap of $10.37 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a one year low of $55.67 and a one 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.