Steele Capital Management Inc. Sells 4,055 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Steele Capital Management Inc. reduced its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 16.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,164 shares of the company’s stock after selling 4,055 shares during the period. Steele Capital Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,352,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Key Financial Inc increased its position in Invesco S&P 500 Quality ETF by 5.8% in the 4th quarter. Key Financial Inc now owns 11,611 shares of the company’s stock worth $778,000 after buying an additional 634 shares during the period. Atria Wealth Solutions Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 5.3% during the fourth quarter. Atria Wealth Solutions Inc. now owns 431,305 shares of the company’s stock valued at $28,910,000 after purchasing an additional 21,757 shares during the period. Fortis Group Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $1,771,000. D.A. Davidson & CO. increased its position in shares of Invesco S&P 500 Quality ETF by 3.8% during the fourth quarter. D.A. Davidson & CO. now owns 10,409 shares of the company’s stock valued at $698,000 after purchasing an additional 384 shares during the period. Finally, Empower Advisory Group LLC increased its position in shares of Invesco S&P 500 Quality ETF by 10.9% during the fourth quarter. Empower Advisory Group LLC now owns 3,777 shares of the company’s stock valued at $253,000 after purchasing an additional 371 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.4 %

SPHQ opened at $70.82 on Tuesday. The stock has a market cap of $10.58 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1 year low of $56.56 and a 1 year high of $71.12. The stock’s 50 day simple moving average is $68.67 and its 200-day simple moving average is $67.37.

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.