MOR Wealth Management LLC Buys Shares of 195,157 Invesco S&P 500 Quality ETF $SPHQ

MOR Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 195,157 shares of the company’s stock, valued at approximately $14,647,000. Invesco S&P 500 Quality ETF makes up 6.7% of MOR Wealth Management LLC’s holdings, making the stock its 5th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Verum Partners LLC increased its position in Invesco S&P 500 Quality ETF by 0.3% during the 4th quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock worth $3,772,000 after purchasing an additional 141 shares in the last quarter. Brighton Jones LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares during the last quarter. Fragasso Financial Advisors Inc grew its holdings in shares of Invesco S&P 500 Quality ETF by 0.5% during the third quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after buying an additional 157 shares in the last quarter. Brown Advisory Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 1.1% in the second quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock valued at $1,107,000 after buying an additional 166 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 0.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after buying an additional 168 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $74.11 on Monday. The firm has a market cap of $15.14 billion, a P/E 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. The firm’s 50 day moving average price is $78.10 and its 200 day moving average price is $75.71.

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.