Consolidated Planning Corp Raises Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Consolidated Planning Corp increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 22.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 98,328 shares of the company’s stock after purchasing an additional 18,263 shares during the quarter. Invesco S&P 500 Quality ETF accounts for about 1.0% of Consolidated Planning Corp’s investment portfolio, making the stock its 27th largest holding. Consolidated Planning Corp owned approximately 0.07% of Invesco S&P 500 Quality ETF worth $6,615,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 1,479.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock valued at $804,114,000 after buying an additional 11,854,003 shares during the period. LPL Financial LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 12.2% during the second quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock valued at $483,033,000 after purchasing an additional 825,232 shares during the period. Vigilare Wealth Management boosted its stake in shares of Invesco S&P 500 Quality ETF by 2,233.5% in the second quarter. Vigilare Wealth Management now owns 606,428 shares of the company’s stock valued at $38,532,000 after purchasing an additional 580,440 shares during the period. Silver Lake Advisory LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter valued at $35,759,000. Finally, Cetera Investment Advisers increased its stake in Invesco S&P 500 Quality ETF by 127.3% during the 1st quarter. Cetera Investment Advisers now owns 943,591 shares of the company’s stock worth $57,012,000 after buying an additional 528,379 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.5 %

Shares of NYSEARCA SPHQ opened at $68.30 on Friday. Invesco S&P 500 Quality ETF has a fifty-two week low of $50.06 and a fifty-two week high of $68.39. The business has a 50 day moving average price of $66.76 and a two-hundred day moving average price of $64.20. The firm has a market cap of $10.21 billion, a PE ratio of 22.60 and a beta of 0.98.

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.