Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Certified Advisory Corp

Certified Advisory Corp lessened its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 14.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 129,170 shares of the company’s stock after selling 21,827 shares during the quarter. Certified Advisory Corp’s holdings in Invesco S&P 500 Quality ETF were worth $9,712,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ameriprise Financial Inc. grew its holdings in Invesco S&P 500 Quality ETF by 68.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after buying an additional 3,741,699 shares in the last quarter. Raymond James Financial Inc. raised its stake in Invesco S&P 500 Quality ETF by 61.2% during the 2nd quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock valued at $275,733,000 after acquiring an additional 1,469,187 shares in the last quarter. Alvarez & Marsal Private Wealth Partners LLC bought a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at $58,114,000. Sequoia Financial Advisors LLC boosted its position in Invesco S&P 500 Quality ETF by 2,247.1% during the 4th quarter. Sequoia Financial Advisors LLC now owns 561,746 shares of the company’s stock worth $42,159,000 after acquiring an additional 537,812 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in Invesco S&P 500 Quality ETF by 440.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 657,603 shares of the company’s stock worth $49,353,000 after acquiring an additional 535,929 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $86.93 on Wednesday. Invesco S&P 500 Quality ETF has a 1 year low of $69.90 and a 1 year high of $90.26. The stock has a market cap of $18.50 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The business has a fifty day moving average of $83.69 and a 200-day moving average of $79.49.

Invesco S&P 500 Quality ETF Company 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.