Aveo Capital Partners LLC cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 9.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,613 shares of the company’s stock after selling 5,671 shares during the quarter. Aveo Capital Partners LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,795,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of SPHQ. CWM LLC grew its position in shares of Invesco S&P 500 Quality ETF by 5.4% in the 3rd quarter. CWM LLC now owns 5,407 shares of the company’s stock worth $364,000 after buying an additional 275 shares during the period. Creative Planning grew its position in Invesco S&P 500 Quality ETF by 1.9% during the 3rd quarter. Creative Planning now owns 126,863 shares of the company’s stock valued at $8,534,000 after purchasing an additional 2,367 shares during the last quarter. NBC Securities Inc. grew its position in Invesco S&P 500 Quality ETF by 39.0% during the 3rd quarter. NBC Securities Inc. now owns 3,961 shares of the company’s stock valued at $266,000 after purchasing an additional 1,111 shares during the last quarter. Good Life Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $472,000. Finally, TruWealth Advisors LLC grew its position in Invesco S&P 500 Quality ETF by 1.6% during the 3rd quarter. TruWealth Advisors LLC now owns 256,344 shares of the company’s stock valued at $17,244,000 after purchasing an additional 4,121 shares during the last quarter.
Invesco S&P 500 Quality ETF Stock Performance
Shares of SPHQ stock opened at $70.82 on Friday. Invesco S&P 500 Quality ETF has a one year low of $56.56 and a one year high of $71.12. The company has a market capitalization of $10.58 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The company’s 50-day moving average is $68.64 and its 200 day moving average is $67.27.
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.
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