Stratos Wealth Partners LTD. Has $48.12 Million Stake in Invesco S&P 500 Quality ETF $SPHQ

Stratos Wealth Partners LTD. raised its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.1% in the fourth quarter, Holdings Channel reports. The fund owned 641,159 shares of the company’s stock after purchasing an additional 19,536 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Invesco S&P 500 Quality ETF were worth $48,119,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriprise Financial Inc. increased its position in Invesco S&P 500 Quality ETF by 68.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after purchasing an additional 3,741,699 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $245,312,000. Raymond James Financial Inc. boosted its position in Invesco S&P 500 Quality ETF by 61.2% in the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock valued at $275,733,000 after buying an additional 1,469,187 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 56.1% during the third quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock worth $212,016,000 after buying an additional 1,039,995 shares during the last quarter. Finally, Compass Ion Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 1,614.2% during the third quarter. Compass Ion Advisors LLC now owns 718,232 shares of the company’s stock worth $52,639,000 after buying an additional 676,332 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $75.76 on Friday. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $81.04. The company has a market capitalization of $15.78 billion, a PE ratio of 25.36 and a beta of 0.92. The company has a fifty day moving average of $77.93 and a 200-day moving average of $75.76.

About Invesco S&P 500 Quality ETF

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.