Assetmark Inc. Acquires 15,333 Shares of Invesco S&P 500 Quality ETF $SPHQ

Assetmark Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 91.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,112 shares of the company’s stock after buying an additional 15,333 shares during the quarter. Assetmark Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $2,410,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Ancora Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $35,000. Burkett Financial Services LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $37,000. Dunhill Financial LLC increased its holdings in Invesco S&P 500 Quality ETF by 10,060.0% during the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock valued at $37,000 after buying an additional 503 shares during the period. Grey Fox Wealth Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF during the third quarter valued at approximately $47,000. Finally, Smartleaf Asset Management LLC raised its stake in Invesco S&P 500 Quality ETF by 197.3% in the third quarter. Smartleaf Asset Management LLC now owns 779 shares of the company’s stock worth $57,000 after buying an additional 517 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.0%

SPHQ opened at $80.47 on Tuesday. The firm has a market cap of $17.10 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 12 month low of $61.02 and a 12 month high of $81.04. The stock has a fifty day moving average price of $78.04 and a 200-day moving average price of $76.24.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.