DBK Financial Counsel LLC Has $2.95 Million Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

DBK Financial Counsel LLC raised its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 13.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,073 shares of the company’s stock after acquiring an additional 5,120 shares during the quarter. Invesco S&P 500 Quality ETF makes up 3.0% of DBK Financial Counsel LLC’s portfolio, making the stock its 12th largest holding. DBK Financial Counsel LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,954,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at $1,273,000. JPMorgan Chase & Co. raised 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 valued at $14,767,000 after buying an additional 14,481 shares during the last quarter. Clarius Group LLC lifted its position in Invesco S&P 500 Quality ETF by 18.7% during the 3rd quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock worth $320,000 after buying an additional 750 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter worth about $796,000. Finally, ACT Advisors LLC. increased its position in Invesco S&P 500 Quality ETF by 2.3% in the 3rd quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock valued at $19,300,000 after acquiring an additional 6,397 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.3 %

Shares of SPHQ traded down $0.23 during mid-day trading on Monday, hitting $65.91. 189,825 shares of the company traded hands, compared to its average volume of 998,855. The stock has a market capitalization of $9.85 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The business has a 50-day moving average of $68.09 and a 200 day moving average of $66.41. Invesco S&P 500 Quality ETF has a one year low of $53.81 and a one 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.