Stratos Wealth Partners LTD. Boosts Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Stratos Wealth Partners LTD. increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 369,544 shares of the company’s stock after buying an additional 11,932 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Invesco S&P 500 Quality ETF were worth $24,859,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fiduciary Alliance LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 3.1% during the 1st quarter. Fiduciary Alliance LLC now owns 23,511 shares of the company’s stock worth $1,420,000 after acquiring an additional 707 shares during the period. Wealthspire Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF during the first quarter worth about $211,000. Clarius Group LLC boosted its holdings in Invesco S&P 500 Quality ETF by 18.7% in the 3rd quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after purchasing an additional 750 shares during the last quarter. Mayfair Advisory Group LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 11.6% during the 1st quarter. Mayfair Advisory Group LLC now owns 24,031 shares of the company’s stock worth $1,452,000 after buying an additional 2,506 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at approximately $796,000.

Invesco S&P 500 Quality ETF Stock Up 0.6 %

SPHQ stock opened at $68.07 on Friday. Invesco S&P 500 Quality ETF has a 52-week low of $47.72 and a 52-week high of $68.38. The business has a fifty day moving average of $66.33 and a two-hundred day moving average of $63.46. The stock has a market cap of $10.17 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

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.