KPP Advisory Services LLC Acquires 48,666 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

KPP Advisory Services LLC grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 121.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 88,854 shares of the company’s stock after acquiring an additional 48,666 shares during the quarter. Invesco S&P 500 Quality ETF accounts for about 1.4% of KPP Advisory Services LLC’s investment portfolio, making the stock its 16th largest holding. KPP Advisory Services LLC owned about 0.06% of Invesco S&P 500 Quality ETF worth $5,977,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Blair William & Co. IL lifted its stake in Invesco S&P 500 Quality ETF by 9.9% in the first quarter. Blair William & Co. IL now owns 106,508 shares of the company’s stock valued at $6,435,000 after buying an additional 9,587 shares in the last quarter. Osaic Holdings Inc. lifted its position in Invesco S&P 500 Quality ETF by 5.9% in the 1st quarter. Osaic Holdings Inc. now owns 1,667,109 shares of the company’s stock valued at $100,729,000 after acquiring an additional 93,599 shares in the last quarter. Catalytic Wealth RIA LLC boosted its stake in Invesco S&P 500 Quality ETF by 4.3% in the 1st quarter. Catalytic Wealth RIA LLC now owns 60,566 shares of the company’s stock worth $3,659,000 after purchasing an additional 2,489 shares during the period. Resurgent Financial Advisors LLC increased its holdings in Invesco S&P 500 Quality ETF by 167.7% during the 1st quarter. Resurgent Financial Advisors LLC now owns 33,759 shares of the company’s stock worth $2,040,000 after purchasing an additional 21,146 shares in the last quarter. Finally, Cedar Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 4.2% during the first quarter. Cedar Wealth Management LLC now owns 79,480 shares of the company’s stock worth $4,802,000 after buying an additional 3,209 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 1.4 %

Shares of NYSEARCA SPHQ traded down $0.93 during midday trading on Friday, reaching $67.04. The company’s stock had a trading volume of 714,397 shares, compared to its average volume of 954,992. The stock has a market capitalization of $10.02 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a fifty-two week low of $51.35 and a fifty-two week high of $68.75. The stock has a 50 day simple moving average of $67.06 and a 200-day simple moving average of $64.59.

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.