Invesco S&P 500 Quality ETF $SPHQ Stock Holdings Trimmed by Synergy Investment Management LLC

Synergy Investment Management LLC cut its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 21.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 96,236 shares of the company’s stock after selling 26,628 shares during the period. Invesco S&P 500 Quality ETF accounts for approximately 2.6% of Synergy Investment Management LLC’s holdings, making the stock its 10th biggest holding. Synergy Investment Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $7,223,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SPHQ. Sierra Ocean LLC boosted its holdings in Invesco S&P 500 Quality ETF by 3.4% in the fourth quarter. Sierra Ocean LLC now owns 205,138 shares of the company’s stock valued at $15,396,000 after acquiring an additional 6,807 shares during the last quarter. Intrua Financial LLC increased its stake in Invesco S&P 500 Quality ETF by 1.1% during the fourth quarter. Intrua Financial LLC now owns 31,969 shares of the company’s stock worth $2,399,000 after acquiring an additional 334 shares during the last quarter. Evensky & Katz LLC increased its stake in Invesco S&P 500 Quality ETF by 0.3% during the fourth quarter. Evensky & Katz LLC now owns 773,450 shares of the company’s stock worth $58,047,000 after acquiring an additional 2,518 shares during the last quarter. Mission Wealth Management LP raised its holdings in shares of Invesco S&P 500 Quality ETF by 8.1% in the 4th quarter. Mission Wealth Management LP now owns 7,164 shares of the company’s stock worth $538,000 after purchasing an additional 534 shares during the period. Finally, Soltis Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth about $510,000.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $82.63 on Tuesday. Invesco S&P 500 Quality ETF has a 1-year low of $68.68 and a 1-year high of $83.37. The firm has a market capitalization of $17.59 billion, a P/E ratio of 25.36 and a beta of 0.91. The business’s 50-day simple moving average is $78.64 and its 200-day simple moving average is $77.21.

About Invesco S&P 500 Quality ETF

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.