Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Nikulski Financial Inc.

Nikulski Financial Inc. decreased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 31.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 100,765 shares of the company’s stock after selling 47,284 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 1.8% of Nikulski Financial Inc.’s portfolio, making the stock its 12th largest position. Nikulski Financial Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $7,562,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Verum Partners LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 0.3% during the 4th quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock valued at $3,772,000 after buying an additional 141 shares during the period. Brighton Jones LLC lifted its position in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after acquiring an additional 151 shares in the last quarter. Fragasso Financial Advisors Inc boosted its holdings in Invesco S&P 500 Quality ETF by 0.5% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after acquiring an additional 157 shares during the period. Brown Advisory Inc. boosted its holdings in Invesco S&P 500 Quality ETF by 1.1% in the 2nd quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock worth $1,107,000 after acquiring an additional 166 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its position in Invesco S&P 500 Quality ETF by 0.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after acquiring an additional 168 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 2.4%

SPHQ opened at $75.19 on Wednesday. The firm has a market capitalization of $15.36 billion, a P/E ratio of 25.36 and a beta of 0.92. The firm’s 50 day moving average is $78.00 and its 200-day moving average is $75.74. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $81.04.

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.