Onyx Bridge Wealth Group LLC Buys 14,355 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Onyx Bridge Wealth Group LLC boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 47.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,627 shares of the company’s stock after purchasing an additional 14,355 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,991,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Foguth Wealth Management LLC. purchased a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth $356,000. Money Concepts Capital Corp grew its position in Invesco S&P 500 Quality ETF by 7.3% in the fourth quarter. Money Concepts Capital Corp now owns 34,109 shares of the company’s stock worth $2,286,000 after acquiring an additional 2,316 shares in the last quarter. Hager Investment Management Services LLC bought a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $255,000. Stratos Wealth Partners LTD. raised its position in Invesco S&P 500 Quality ETF by 9.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 404,554 shares of the company’s stock valued at $27,117,000 after purchasing an additional 35,010 shares during the period. Finally, Tempus Wealth Planning LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $2,599,000.

Invesco S&P 500 Quality ETF Trading Up 0.9 %

Invesco S&P 500 Quality ETF stock opened at $70.28 on Thursday. The firm has a market capitalization of $10.50 billion, a PE ratio of 22.60 and a beta of 0.98. The firm has a 50-day moving average price of $68.44 and a 200-day moving average price of $66.96. Invesco S&P 500 Quality ETF has a 12-month low of $56.53 and a 12-month high of $70.69.

About Invesco S&P 500 Quality ETF

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.