Invesco S&P 500 Quality ETF $SPHQ Stock Position Lifted by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV lifted its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 4.6% in the 4th quarter, HoldingsChannel reports. The firm owned 251,507 shares of the company’s stock after purchasing an additional 10,993 shares during the quarter. Invesco S&P 500 Quality ETF makes up 1.2% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 20th largest holding. Creative Financial Designs Inc. ADV’s holdings in Invesco S&P 500 Quality ETF were worth $18,876,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ausdal Financial Partners Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 187.2% in the third quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock worth $3,036,000 after purchasing an additional 27,003 shares in the last quarter. Focus Partners Advisor Solutions LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 235.2% in the third quarter. Focus Partners Advisor Solutions LLC now owns 10,107 shares of the company’s stock worth $742,000 after purchasing an additional 7,092 shares in the last quarter. Alpine Bank Wealth Management grew its stake in shares of Invesco S&P 500 Quality ETF by 1.3% in the fourth quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock worth $41,657,000 after purchasing an additional 7,296 shares in the last quarter. Demars Financial Group LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 4.6% in the fourth quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock worth $48,004,000 after purchasing an additional 28,275 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 44.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 42,599 shares of the company’s stock worth $3,197,000 after purchasing an additional 13,025 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $82.07 on Wednesday. Invesco S&P 500 Quality ETF has a 1 year low of $68.68 and a 1 year high of $83.37. The stock has a market cap of $17.47 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The business has a fifty day moving average of $78.73 and a 200-day moving average of $77.26.

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