Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Holdings Boosted by Milestone Investment Advisors LLC

Milestone Investment Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 7.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 560,856 shares of the company’s stock after buying an additional 37,611 shares during the period. Invesco S&P 500 Quality ETF accounts for about 10.2% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its biggest holding. Milestone Investment Advisors LLC owned approximately 0.38% of Invesco S&P 500 Quality ETF worth $37,594,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. First Command Advisory Services Inc. grew its position in shares of Invesco S&P 500 Quality ETF by 0.9% in the 4th quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock worth $833,466,000 after buying an additional 116,159 shares during the last quarter. LPL Financial LLC grew its holdings in Invesco S&P 500 Quality ETF by 12.6% in the fourth quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock worth $584,389,000 after purchasing an additional 974,609 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 5.4% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after purchasing an additional 393,229 shares during the last quarter. Kovitz Investment Group Partners LLC increased its position in shares of Invesco S&P 500 Quality ETF by 10.4% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after purchasing an additional 197,353 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Invesco S&P 500 Quality ETF by 2.3% during the 4th quarter. Bank of New York Mellon Corp now owns 1,894,097 shares of the company’s stock valued at $126,961,000 after purchasing an additional 43,146 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $66.44 on Thursday. The business has a fifty day moving average price of $68.75 and a 200-day moving average price of $68.04. Invesco S&P 500 Quality ETF has a 1-year low of $57.17 and a 1-year high of $71.22. The stock has a market capitalization of $11.79 billion, a price-to-earnings ratio of 26.90 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.2014 per share. This is a positive change from Invesco S&P 500 Quality ETF’s previous dividend of $0.18. The ex-dividend date was Monday, March 24th.

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.