Montag A & Associates Inc. lowered its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 9.1% during the first quarter, HoldingsChannel reports. The fund owned 60,428 shares of the company’s stock after selling 6,054 shares during the period. Montag A & Associates Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $4,544,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in SPHQ. MTM Investment Management LLC acquired a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $26,000. Bell Investment Advisors Inc acquired a new stake in Invesco S&P 500 Quality ETF during the first quarter worth approximately $28,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at $33,000.
Invesco S&P 500 Quality ETF Price Performance
NYSEARCA SPHQ opened at $86.69 on Wednesday. The firm’s fifty day moving average price is $85.33 and its 200 day moving average price is $80.39. The company has a market capitalization of $19.58 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 12 month low of $70.26 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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Quality ETF
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
Want to see what other hedge funds are holding SPHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report).
Receive News & Ratings for Invesco S&P 500 Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.
