Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by SlateStone Wealth LLC

SlateStone Wealth LLC reduced its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 22,833 shares of the company’s stock after selling 351 shares during the quarter. SlateStone Wealth LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,235,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPHQ. Wolff Wiese Magana LLC increased its position in Invesco S&P 500 Quality ETF by 105.8% during the third quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock worth $28,000 after purchasing an additional 291 shares during the last quarter. Sound Income Strategies LLC increased its position in shares of Invesco S&P 500 Quality ETF by 149.6% during the fourth quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after acquiring an additional 347 shares during the last quarter. GPS Wealth Strategies Group LLC increased its position in shares of Invesco S&P 500 Quality ETF by 275.6% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after acquiring an additional 485 shares during the last quarter. Glass Jacobson Investment Advisors llc acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at about $50,000. Finally, Halpern Financial Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at about $53,000.

Invesco S&P 500 Quality ETF Stock Up 1.3 %

Shares of SPHQ traded up $0.75 during trading on Tuesday, reaching $58.67. 579,169 shares of the company traded hands, compared to its average volume of 1,041,078. Invesco S&P 500 Quality ETF has a twelve month low of $46.71 and a twelve month high of $60.77. The stock has a market cap of $8.50 billion, a PE ratio of 21.97 and a beta of 0.96. The stock has a 50-day simple moving average of $59.06 and a 200-day simple moving average of $55.03.

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.