IAG Wealth Partners LLC Raises Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

IAG Wealth Partners LLC lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 29.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 102,005 shares of the company’s stock after buying an additional 23,179 shares during the period. Invesco S&P 500 Quality ETF makes up about 1.4% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 16th biggest position. IAG Wealth Partners LLC owned approximately 0.09% of Invesco S&P 500 Quality ETF worth $5,146,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its position in Invesco S&P 500 Quality ETF by 22.6% in the second quarter. LPL Financial LLC now owns 5,028,621 shares of the company’s stock worth $253,694,000 after purchasing an additional 926,319 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 43.7% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,029,764 shares of the company’s stock worth $152,852,000 after buying an additional 921,072 shares during the last quarter. First Republic Investment Management Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 374.7% in the first quarter. First Republic Investment Management Inc. now owns 644,048 shares of the company’s stock worth $30,476,000 after buying an additional 508,385 shares during the last quarter. First Command Bank boosted its stake in shares of Invesco S&P 500 Quality ETF by 44.7% during the 2nd quarter. First Command Bank now owns 994,977 shares of the company’s stock worth $50,197,000 after acquiring an additional 307,278 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 57.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 829,710 shares of the company’s stock worth $41,859,000 after acquiring an additional 303,732 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock traded up $0.14 on Monday, hitting $51.91. 112,177 shares of the company’s stock were exchanged, compared to its average volume of 762,755. The stock has a market capitalization of $5.62 billion, a PE ratio of 16.07 and a beta of 0.94. The company has a 50-day simple moving average of $50.42 and a 200-day simple moving average of $50.19. Invesco S&P 500 Quality ETF has a 1 year low of $43.04 and a 1 year high of $52.83.

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.