Tsfg LLC Reduces Stock Holdings in Invesco S&P 500 Quality ETF $SPHQ

Tsfg LLC trimmed its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 41.9% during the 4th quarter, HoldingsChannel reports. The firm owned 90,072 shares of the company’s stock after selling 65,019 shares during the period. Invesco S&P 500 Quality ETF comprises about 1.0% of Tsfg LLC’s investment portfolio, making the stock its 29th biggest position. Tsfg LLC’s holdings in Invesco S&P 500 Quality ETF were worth $6,760,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ausdal Financial Partners Inc. boosted its position in Invesco S&P 500 Quality ETF by 187.2% in the third quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock worth $3,036,000 after purchasing an additional 27,003 shares during the last quarter. Focus Partners Advisor Solutions LLC boosted its position in Invesco S&P 500 Quality ETF by 235.2% in the third quarter. Focus Partners Advisor Solutions LLC now owns 10,107 shares of the company’s stock worth $742,000 after purchasing an additional 7,092 shares during the last quarter. Alpine Bank Wealth Management lifted its position in shares of Invesco S&P 500 Quality ETF by 1.3% during the 4th quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock valued at $41,657,000 after buying an additional 7,296 shares in the last quarter. Demars Financial Group LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 4.6% during the 4th quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock valued at $48,004,000 after buying an additional 28,275 shares in the last quarter. Finally, Ballast Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 3.8% during the 3rd quarter. Ballast Inc. now owns 362,684 shares of the company’s stock valued at $26,581,000 after buying an additional 13,260 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.7%

SPHQ stock opened at $82.99 on Tuesday. Invesco S&P 500 Quality ETF has a twelve month low of $68.38 and a twelve month high of $83.08. The stock has a market cap of $17.66 billion, a P/E ratio of 25.36 and a beta of 0.91. The business’s 50-day moving average price is $78.35 and its 200-day moving average price is $76.92.

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.