Madison Asset Management LLC Sells 80,027 Shares of Invesco S&P 500 Quality ETF $SPHQ

Madison Asset Management LLC decreased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,282,365 shares of the company’s stock after selling 80,027 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 1.2% of Madison Asset Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Madison Asset Management LLC owned about 0.60% of Invesco S&P 500 Quality ETF worth $96,421,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. MTM Investment Management LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth $26,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at $27,000. Bell Investment Advisors Inc bought a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth $28,000. IFC & Insurance Marketing Inc. bought a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth $29,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $33,000.

Invesco S&P 500 Quality ETF Stock Down 0.3%

Shares of Invesco S&P 500 Quality ETF stock opened at $84.53 on Tuesday. The business has a fifty day simple moving average of $86.22 and a 200 day simple moving average of $81.05. The stock has a market cap of $19.31 billion, a PE ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 12 month low of $70.40 and a 12 month high of $90.36.

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.