13,618 Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Bought by Balanced Wealth Group LLC

Balanced Wealth Group LLC bought a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,618 shares of the company’s stock, valued at approximately $736,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wolff Wiese Magana LLC increased its holdings in Invesco S&P 500 Quality ETF by 105.8% during the third quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock valued at $28,000 after buying an additional 291 shares during the last quarter. Sound Income Strategies LLC increased its position in Invesco S&P 500 Quality ETF by 149.6% in the fourth quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock worth $31,000 after buying an additional 347 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 275.6% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after buying an additional 485 shares in the last quarter. Glass Jacobson Investment Advisors llc bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $50,000. Finally, Halpern Financial Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the 4th quarter worth $53,000.

Invesco S&P 500 Quality ETF Stock Up 0.1 %

NYSEARCA SPHQ traded up $0.03 during trading on Wednesday, hitting $59.77. 592,665 shares of the stock traded hands, compared to its average volume of 1,034,950. The firm has a 50-day simple moving average of $59.32 and a 200-day simple moving average of $55.66. The company has a market capitalization of $8.76 billion, a P/E ratio of 21.94 and a beta of 0.97. Invesco S&P 500 Quality ETF has a 12-month low of $47.00 and a 12-month high of $60.77.

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.