OneAscent Financial Services LLC Purchases Shares of 4,237 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

OneAscent Financial Services LLC acquired a new stake in 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 SEC. The institutional investor acquired 4,237 shares of the company’s stock, valued at approximately $284,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $100,697,000. Madison Investment Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at $88,622,000. Independent Advisor Alliance bought a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth $84,264,000. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 12.6% in the fourth quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock valued at $584,389,000 after purchasing an additional 974,609 shares during the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of Invesco S&P 500 Quality ETF by 477.0% in the fourth quarter. Corient Private Wealth LLC now owns 498,472 shares of the company’s stock valued at $33,413,000 after purchasing an additional 412,080 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $60.26 on Friday. Invesco S&P 500 Quality ETF has a 52 week low of $57.17 and a 52 week high of $71.22. The company has a market capitalization of $10.69 billion, a price-to-earnings ratio of 26.90 and a beta of 0.93. The company has a 50-day simple moving average of $68.45 and a 200 day simple moving average of $67.97.

Invesco S&P 500 Quality ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.2014 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.