5T Wealth LLC Invests $1.83 Million in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

5T Wealth LLC purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 27,226 shares of the company’s stock, valued at approximately $1,825,000.

Several other large investors have also recently bought and sold shares of the stock. Brookstone Capital Management increased its stake in shares of Invesco S&P 500 Quality ETF by 25.4% during the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after purchasing an additional 2,150 shares during the period. Blue Trust Inc. increased its position in Invesco S&P 500 Quality ETF by 75.3% during the 4th quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock worth $80,000 after buying an additional 508 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 7.1% during the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after buying an additional 14,481 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $1,273,000. Finally, ACT Advisors LLC. boosted its position in shares of Invesco S&P 500 Quality ETF by 2.3% in the third quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock valued at $19,300,000 after acquiring an additional 6,397 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $70.82 on Monday. The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52 week low of $56.56 and a 52 week high of $71.12. The firm’s 50-day simple moving average is $68.64 and its 200 day simple moving average is $67.32.

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.