Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) is Flagship Private Wealth LLC’s 9th Largest Position

Flagship Private Wealth LLC raised its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 95,021 shares of the company’s stock after acquiring an additional 3,469 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 3.1% of Flagship Private Wealth LLC’s holdings, making the stock its 9th biggest position. Flagship Private Wealth LLC’s holdings in Invesco S&P 500 Quality ETF were worth $6,369,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brookstone Capital Management boosted its stake in Invesco S&P 500 Quality ETF by 25.4% in the 4th quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after purchasing an additional 2,150 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 7.1% in the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after buying an additional 14,481 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $1,273,000. Clarius Group LLC grew its stake in Invesco S&P 500 Quality ETF by 18.7% during the third quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after acquiring an additional 750 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $796,000.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $69.41 on Friday. The company’s 50 day simple moving average is $68.17 and its two-hundred day simple moving average is $66.68. The stock has a market capitalization of $10.37 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1 year low of $55.67 and a 1 year high of $69.97.

Invesco S&P 500 Quality ETF Company 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.