NewEdge Advisors LLC Has $5.42 Million Position in Invesco S&P 500 Quality ETF $SPHQ

NewEdge Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 49.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,117 shares of the company’s stock after selling 73,463 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $5,415,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. MTM Investment Management LLC acquired a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at $26,000. Cassaday & Co Wealth Management LLC bought a new stake in Invesco S&P 500 Quality ETF in the first quarter valued at approximately $27,000. Bell Investment Advisors Inc bought a new stake in Invesco S&P 500 Quality ETF in the first quarter valued at approximately $28,000. IFC & Insurance Marketing Inc. acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $29,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $33,000.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $85.07 on Friday. Invesco S&P 500 Quality ETF has a 52 week low of $70.40 and a 52 week high of $90.36. The firm’s fifty day moving average is $86.55 and its 200-day moving average is $81.54. The firm has a market cap of $19.50 billion, a P/E ratio of 25.36 and a beta of 0.90.

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.