Providence First Trust Co Increases Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Providence First Trust Co increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 86,121 shares of the company’s stock after acquiring an additional 1,606 shares during the period. Invesco S&P 500 Quality ETF makes up approximately 2.2% of Providence First Trust Co’s holdings, making the stock its 13th largest holding. Providence First Trust Co owned about 0.06% of Invesco S&P 500 Quality ETF worth $5,773,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Assetmark Inc. boosted its stake in shares of 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 valued at $42,009,000 after buying an additional 623,056 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in 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 during the last quarter. Wealth Management Resources Inc. boosted its stake in Invesco S&P 500 Quality ETF by 132.6% during the 4th quarter. Wealth Management Resources Inc. now owns 502,362 shares of the company’s stock valued at $33,673,000 after acquiring an additional 286,391 shares during the last quarter. Kovitz Investment Group Partners LLC grew its holdings in Invesco S&P 500 Quality ETF by 10.4% during the 3rd 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. Finally, FMR LLC increased its position in shares of Invesco S&P 500 Quality ETF by 4.5% in the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after purchasing an additional 184,895 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $70.29 on Friday. The stock has a market capitalization of $11.90 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22. The company’s 50-day simple moving average is $68.93 and its 200-day simple moving average is $67.74.

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.