Private Advisor Group LLC Decreases Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Private Advisor Group LLC lessened its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.5% during the 4th quarter, Holdings Channel reports. The firm owned 144,919 shares of the company’s stock after selling 3,789 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $7,837,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Key Financial Inc grew its holdings in Invesco S&P 500 Quality ETF by 3.0% during the fourth quarter. Key Financial Inc now owns 7,789 shares of the company’s stock worth $421,000 after acquiring an additional 230 shares during the period. Riggs Asset Managment Co. Inc. raised its holdings in Invesco S&P 500 Quality ETF by 0.6% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 38,448 shares of the company’s stock worth $1,924,000 after purchasing an additional 238 shares during the period. Jackson Wealth Management LLC boosted its position in Invesco S&P 500 Quality ETF by 0.3% during the third quarter. Jackson Wealth Management LLC now owns 96,885 shares of the company’s stock worth $4,848,000 after purchasing an additional 243 shares in the last quarter. Keybank National Association OH grew its holdings in Invesco S&P 500 Quality ETF by 1.0% in the third quarter. Keybank National Association OH now owns 27,198 shares of the company’s stock valued at $1,361,000 after purchasing an additional 260 shares during the period. Finally, Silver Oak Securities Incorporated raised its stake in shares of Invesco S&P 500 Quality ETF by 0.7% during the 3rd quarter. Silver Oak Securities Incorporated now owns 39,110 shares of the company’s stock worth $1,957,000 after buying an additional 286 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock traded down $0.14 during trading on Wednesday, reaching $59.60. The company had a trading volume of 64,521 shares, compared to its average volume of 1,029,022. The firm’s 50-day simple moving average is $59.32 and its 200 day simple moving average is $55.66. The firm has a market capitalization of $8.74 billion, a PE ratio of 21.94 and a beta of 0.97. Invesco S&P 500 Quality ETF has a 1-year low of $47.00 and a 1-year high of $60.77.

Invesco S&P 500 Quality ETF 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.