Invesco S&P 500 Quality ETF $SPHQ is Cliftonlarsonallen Wealth Advisors LLC’s 2nd Largest Position

Cliftonlarsonallen Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,910,347 shares of the company’s stock after acquiring an additional 496,439 shares during the quarter. Invesco S&P 500 Quality ETF makes up 10.1% of Cliftonlarsonallen Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Cliftonlarsonallen Wealth Advisors LLC owned approximately 4.39% of Invesco S&P 500 Quality ETF worth $668,722,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SPHQ. Ameriprise Financial Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after buying an additional 3,741,699 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $245,312,000. Raymond James Financial Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF by 61.2% during the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after buying an additional 1,469,187 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF by 56.1% during the third quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock worth $212,016,000 after buying an additional 1,039,995 shares in the last quarter. Finally, Compass Ion Advisors LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 1,614.2% during the third quarter. Compass Ion Advisors LLC now owns 718,232 shares of the company’s stock worth $52,639,000 after buying an additional 676,332 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $78.63 on Thursday. The company has a market cap of $16.45 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 12 month low of $58.58 and a 12 month high of $81.04. The company has a 50-day simple moving average of $77.89 and a 200-day simple moving average of $75.86.

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