Sierra Ocean LLC Has $15.40 Million Position in Invesco S&P 500 Quality ETF $SPHQ

Sierra Ocean LLC increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 205,138 shares of the company’s stock after acquiring an additional 6,807 shares during the quarter. Invesco S&P 500 Quality ETF accounts for about 12.7% of Sierra Ocean LLC’s investment portfolio, making the stock its biggest holding. Sierra Ocean LLC’s holdings in Invesco S&P 500 Quality ETF were worth $15,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth $33,000. Ancora Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter worth $35,000. Dunhill Financial LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 10,060.0% in the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after acquiring an additional 503 shares during the period. Burkett Financial Services LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter worth $37,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter worth $47,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ opened at $82.63 on Tuesday. Invesco S&P 500 Quality ETF has a one year low of $68.68 and a one year high of $83.37. The firm has a market capitalization of $17.59 billion, a P/E ratio of 25.36 and a beta of 0.91. The business has a fifty day moving average of $78.64 and a 200 day moving average of $77.21.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.