Optivise Advisory Services LLC Decreases Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Optivise Advisory Services LLC lessened its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 84.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,372 shares of the company’s stock after selling 23,574 shares during the quarter. Optivise Advisory Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $293,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $1,273,000. World Investment Advisors LLC increased its stake in Invesco S&P 500 Quality ETF by 2.7% in the third quarter. World Investment Advisors LLC now owns 12,511 shares of the company’s stock valued at $842,000 after purchasing an additional 329 shares during the last quarter. Sfmg LLC increased its stake in Invesco S&P 500 Quality ETF by 0.4% in the third quarter. Sfmg LLC now owns 1,638,506 shares of the company’s stock valued at $110,222,000 after purchasing an additional 6,374 shares during the last quarter. Fidelity D & D Bancorp Inc. raised its holdings in Invesco S&P 500 Quality ETF by 5.0% during the third quarter. Fidelity D & D Bancorp Inc. now owns 46,873 shares of the company’s stock worth $3,153,000 after purchasing an additional 2,233 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Quality ETF by 7.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after buying an additional 14,481 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $63.00 on Monday. The firm’s fifty day moving average price is $66.64 and its 200 day moving average price is $67.59. Invesco S&P 500 Quality ETF has a 12 month low of $57.17 and a 12 month high of $71.22. The company has a market capitalization of $11.61 billion, a price-to-earnings ratio of 26.20 and a beta of 0.95.

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.