Oppenheimer & Co. Inc. Grows Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Oppenheimer & Co. Inc. boosted its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 68.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,316 shares of the company’s stock after purchasing an additional 6,211 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,027,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPHQ. Gateway Wealth Partners LLC increased its stake in Invesco S&P 500 Quality ETF by 2.8% in the 4th quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock valued at $362,000 after buying an additional 149 shares during the period. Brighton Jones LLC increased its stake in Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after buying an additional 151 shares during the period. Lunt Capital Management Inc. increased its stake in Invesco S&P 500 Quality ETF by 1.9% in the 4th quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock valued at $652,000 after buying an additional 182 shares during the period. DAVENPORT & Co LLC increased its stake in Invesco S&P 500 Quality ETF by 1.9% in the 4th quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock valued at $666,000 after buying an additional 188 shares during the period. Finally, Alta Wealth Advisors LLC increased its stake in Invesco S&P 500 Quality ETF by 2.0% in the 4th quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock valued at $644,000 after buying an additional 190 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $68.72 on Wednesday. The stock has a market capitalization of $11.63 billion, a P/E ratio of 29.27 and a beta of 0.94. The company’s fifty day moving average is $69.01 and its two-hundred day moving average is $67.87. Invesco S&P 500 Quality ETF has a 1 year low of $57.17 and a 1 year high of $71.22.

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.