Gateway Wealth Partners LLC Buys New Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Gateway Wealth Partners LLC bought a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,239 shares of the company’s stock, valued at approximately $269,000.

A number of other large investors also recently modified their holdings of SPHQ. Regal Investment Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 64.3% in the 2nd quarter. Regal Investment Advisors LLC now owns 7,319 shares of the company’s stock worth $465,000 after purchasing an additional 2,864 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 10.5% in the 2nd quarter. NewEdge Advisors LLC now owns 41,566 shares of the company’s stock worth $2,641,000 after purchasing an additional 3,940 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Quality ETF by 5.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,385,058 shares of the company’s stock worth $88,007,000 after purchasing an additional 76,204 shares in the last quarter. Chicago Wealth Management Inc. lifted its stake in Invesco S&P 500 Quality ETF by 3.0% in the 2nd quarter. Chicago Wealth Management Inc. now owns 149,574 shares of the company’s stock worth $9,504,000 after purchasing an additional 4,299 shares in the last quarter. Finally, MidWestOne Financial Group Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter worth $321,000.

Invesco S&P 500 Quality ETF Stock Up 0.2 %

Shares of SPHQ stock opened at $67.27 on Tuesday. The stock has a market cap of $10.05 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52 week low of $47.72 and a 52 week high of $67.54. The company’s fifty day simple moving average is $65.18 and its two-hundred day simple moving average is $62.80.

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.