GPS Wealth Strategies Group LLC Purchases 12,281 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

GPS Wealth Strategies Group LLC grew its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 17.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,644 shares of the company’s stock after acquiring an additional 12,281 shares during the period. Invesco S&P 500 Quality ETF accounts for approximately 0.7% of GPS Wealth Strategies Group LLC’s investment portfolio, making the stock its 27th biggest holding. GPS Wealth Strategies Group LLC owned approximately 0.06% of Invesco S&P 500 Quality ETF worth $5,540,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SPHQ. Wealth Enhancement Advisory Services LLC increased its stake in Invesco S&P 500 Quality ETF by 5.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock valued at $527,025,000 after purchasing an additional 376,770 shares in the last quarter. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 1.9% in the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock valued at $520,920,000 after buying an additional 141,687 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its position in Invesco S&P 500 Quality ETF by 5.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock valued at $514,378,000 after buying an additional 393,229 shares in the last quarter. FMR LLC increased its position in Invesco S&P 500 Quality ETF by 4.5% in the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock valued at $286,796,000 after buying an additional 184,895 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC raised its stake in Invesco S&P 500 Quality ETF by 10.4% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after buying an additional 197,353 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $69.76 on Friday. The stock has a market capitalization of $10.43 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52 week low of $55.67 and a 52 week high of $70.69. The stock has a 50 day moving average price of $68.38 and a two-hundred day moving average price of $66.85.

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.