Foguth Wealth Management LLC. Takes Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Foguth Wealth Management LLC. acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,133 shares of the company’s stock, valued at approximately $356,000.

A number of other institutional investors also recently made changes to their positions in the stock. Assetmark Inc. increased its holdings in Invesco S&P 500 Quality ETF by 43,723.2% during the 3rd quarter. Assetmark Inc. now owns 624,481 shares of the company’s stock worth $42,009,000 after purchasing an additional 623,056 shares during the last quarter. Mainstay Capital Management LLC ADV boosted its holdings in shares of Invesco S&P 500 Quality ETF by 51.2% during the third quarter. Mainstay Capital Management LLC ADV now owns 1,453,755 shares of the company’s stock valued at $97,794,000 after acquiring an additional 492,561 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 5.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after buying an additional 393,229 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Invesco S&P 500 Quality ETF by 5.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock valued at $527,025,000 after buying an additional 376,770 shares during the period. Finally, Wealth Management Resources Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 132.6% in the 4th quarter. Wealth Management Resources Inc. now owns 502,362 shares of the company’s stock worth $33,673,000 after purchasing an additional 286,391 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.0 %

Shares of NYSEARCA SPHQ opened at $69.66 on Wednesday. The company has a market cap of $10.41 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 12 month low of $56.32 and a 12 month high of $70.69. The business has a fifty day simple moving average of $68.41 and a 200-day simple moving average of $66.94.

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.