Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by Alpine Bank Wealth Management

Alpine Bank Wealth Management grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 555,050 shares of the company’s stock after acquiring an additional 7,296 shares during the period. Invesco S&P 500 Quality ETF accounts for approximately 5.9% of Alpine Bank Wealth Management’s holdings, making the stock its 4th largest position. Alpine Bank Wealth Management owned about 0.28% of Invesco S&P 500 Quality ETF worth $41,657,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SPHQ. Ancora Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $35,000. Dunhill Financial LLC boosted its position 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 worth $37,000 after purchasing an additional 503 shares during the period. Burkett Financial Services LLC acquired a new position in Invesco S&P 500 Quality ETF during the third quarter valued at approximately $37,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $47,000. Finally, Smartleaf Asset Management LLC raised its position in shares of 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 valued at $57,000 after purchasing an additional 517 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.9%

Shares of Invesco S&P 500 Quality ETF stock opened at $73.46 on Tuesday. The firm has a fifty day simple moving average of $78.02 and a 200-day simple moving average of $75.72. The stock has a market capitalization of $15.01 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $81.04.

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