Invesco S&P 500 Quality ETF $SPHQ Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lessened its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 311,979 shares of the company’s stock after selling 8,975 shares during the quarter. HighTower Advisors LLC owned approximately 0.15% of Invesco S&P 500 Quality ETF worth $23,414,000 at the end of the most recent quarter.

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

Invesco S&P 500 Quality ETF Trading Up 1.1%

Shares of SPHQ stock opened at $84.64 on Friday. The firm has a 50-day moving average price of $79.09 and a 200 day moving average price of $77.45. Invesco S&P 500 Quality ETF has a twelve month low of $68.68 and a twelve month high of $84.97. The company has a market capitalization of $18.02 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91.

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.