Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Position Reduced by Paragon Capital Management Ltd

Paragon Capital Management Ltd trimmed its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 779,010 shares of the company’s stock after selling 1,931 shares during the quarter. Invesco S&P 500 Quality ETF makes up 10.5% of Paragon Capital Management Ltd’s portfolio, making the stock its 3rd biggest holding. Paragon Capital Management Ltd’s holdings in Invesco S&P 500 Quality ETF were worth $52,217,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Redhawk Wealth Advisors Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 0.5% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 45,970 shares of the company’s stock worth $3,081,000 after acquiring an additional 221 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 5.4% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after acquiring an additional 393,229 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 18.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,607 shares of the company’s stock worth $309,000 after acquiring an additional 720 shares during the last quarter. Mayfair Advisory Group LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 1.4% in the fourth quarter. Mayfair Advisory Group LLC now owns 25,018 shares of the company’s stock worth $1,677,000 after acquiring an additional 353 shares during the last quarter. Finally, KWB Wealth raised its holdings in shares of Invesco S&P 500 Quality ETF by 1.4% in the fourth quarter. KWB Wealth now owns 253,007 shares of the company’s stock worth $17,020,000 after acquiring an additional 3,484 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 1.3 %

NYSEARCA SPHQ opened at $67.38 on Thursday. Invesco S&P 500 Quality ETF has a fifty-two week low of $53.81 and a fifty-two week high of $69.97. The stock has a market cap of $10.07 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The business has a fifty day moving average of $68.09 and a 200-day moving average of $66.46.

Invesco S&P 500 Quality ETF Company 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.