Signal Advisors Wealth LLC decreased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 12.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,580 shares of the company’s stock after selling 826 shares during the period. Signal Advisors Wealth LLC’s holdings in Invesco S&P 500 Quality ETF were worth $370,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth $100,697,000. Madison Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at about $88,622,000. Independent Advisor Alliance purchased a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $84,264,000. LPL Financial LLC increased its position in shares of Invesco S&P 500 Quality ETF by 12.6% during the fourth quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock worth $584,389,000 after acquiring an additional 974,609 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 477.0% in the fourth quarter. Corient Private Wealth LLC now owns 498,472 shares of the company’s stock worth $33,413,000 after acquiring an additional 412,080 shares in the last quarter.
Invesco S&P 500 Quality ETF Stock Performance
Shares of SPHQ opened at $71.39 on Friday. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $71.61. The stock has a 50-day moving average price of $66.53 and a 200 day moving average price of $67.81. The company has a market capitalization of $13.81 billion, a P/E ratio of 27.61 and a beta of 0.95.
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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