HighTower Advisors LLC Grows Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

HighTower Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Get Rating) by 4.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,013 shares of the company’s stock after purchasing an additional 3,233 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,746,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Aspire Wealth Management Corp acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $26,000. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $29,000. CWM LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 148.1% during the 3rd quarter. CWM LLC now owns 893 shares of the company’s stock worth $35,000 after buying an additional 533 shares during the last quarter. Red Tortoise LLC acquired a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $36,000. Finally, Pinnacle Bancorp Inc. increased its holdings in Invesco S&P 500 Quality ETF by 45.7% in the 4th quarter. Pinnacle Bancorp Inc. now owns 874 shares of the company’s stock valued at $38,000 after purchasing an additional 274 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $48.15 on Friday. Invesco S&P 500 Quality ETF has a fifty-two week low of $39.18 and a fifty-two week high of $48.34. The firm has a 50 day moving average price of $47.00 and a 200 day moving average price of $45.85. The company has a market capitalization of $4.76 billion, a PE ratio of 16.07 and a beta of 0.94.

About Invesco S&P 500 Quality ETF

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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.