Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Holdings Trimmed by Lmcg Investments LLC

Lmcg Investments LLC cut its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.0% in the 4th quarter, Holdings Channel reports. The firm owned 52,362 shares of the company’s stock after selling 526 shares during the period. Lmcg Investments LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,510,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 5.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock valued at $527,025,000 after purchasing an additional 376,770 shares during the last quarter. LPL Financial LLC boosted its stake in Invesco S&P 500 Quality ETF by 1.9% in the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock worth $520,920,000 after purchasing an additional 141,687 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its stake in Invesco S&P 500 Quality ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock valued at $514,378,000 after purchasing an additional 393,229 shares during the period. FMR LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 4.5% in the third quarter. FMR LLC now owns 4,263,355 shares of the company’s stock valued at $286,796,000 after purchasing an additional 184,895 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC raised its position in Invesco S&P 500 Quality ETF by 10.4% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock valued at $140,888,000 after buying an additional 197,353 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $68.11 on Tuesday. The firm has a market cap of $10.18 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a twelve month low of $54.14 and a twelve month high of $69.97. The firm’s 50 day moving average price is $68.06 and its two-hundred day moving average price is $66.56.

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.