Creative Planning Has $8.53 Million Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Creative Planning raised its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 126,863 shares of the company’s stock after purchasing an additional 2,367 shares during the quarter. Creative Planning’s holdings in Invesco S&P 500 Quality ETF were worth $8,534,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC increased its position in Invesco S&P 500 Quality ETF by 4.5% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 29,047 shares of the company’s stock worth $1,755,000 after buying an additional 1,251 shares during the period. Sound Income Strategies LLC increased its position in Invesco S&P 500 Quality ETF by 58.0% during the 1st quarter. Sound Income Strategies LLC now owns 915 shares of the company’s stock worth $55,000 after buying an additional 336 shares during the period. Orgel Wealth Management LLC increased its position in Invesco S&P 500 Quality ETF by 11.5% during the 1st quarter. Orgel Wealth Management LLC now owns 378,205 shares of the company’s stock worth $22,851,000 after buying an additional 38,933 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Invesco S&P 500 Quality ETF by 20.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,978,220 shares of the company’s stock worth $421,624,000 after buying an additional 1,183,904 shares during the period. Finally, Courier Capital LLC bought a new position in Invesco S&P 500 Quality ETF during the 1st quarter worth $222,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $67.32 on Wednesday. Invesco S&P 500 Quality ETF has a 52 week low of $47.72 and a 52 week high of $68.38. The stock has a market capitalization of $10.06 billion, a P/E ratio of 22.60 and a beta of 0.98. The stock’s fifty day moving average is $66.49 and its 200 day moving average is $63.62.

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.