Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Schwallier Wealth Management LLC

Schwallier Wealth Management LLC trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 383,403 shares of the company’s stock after selling 24,587 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 19.0% of Schwallier Wealth Management LLC’s portfolio, making the stock its biggest position. Schwallier Wealth Management LLC owned about 0.19% of Invesco S&P 500 Quality ETF worth $29,672,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after acquiring an additional 151 shares during the period. AQR Capital Management LLC boosted its holdings in Invesco S&P 500 Quality ETF by 51.2% during the 1st quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock valued at $388,000 after acquiring an additional 1,983 shares during the period. Empowered Funds LLC purchased a new position in Invesco S&P 500 Quality ETF during the 1st quarter valued at about $875,000. Jane Street Group LLC boosted its holdings in Invesco S&P 500 Quality ETF by 29.2% during the 1st quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after acquiring an additional 2,248 shares during the period. Finally, Invesco Ltd. boosted its holdings in Invesco S&P 500 Quality ETF by 53.5% during the 2nd quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock valued at $8,218,000 after acquiring an additional 40,210 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $84.95 on Friday. The business has a 50-day moving average of $80.98 and a 200 day moving average of $78.28. Invesco S&P 500 Quality ETF has a 12 month low of $68.89 and a 12 month high of $87.08. The stock has a market capitalization of $18.08 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.