Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Position Lessened by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC decreased its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,162 shares of the company’s stock after selling 176 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $882,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPHQ. Blue Trust Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 75.3% during the 4th quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock valued at $80,000 after buying an additional 508 shares during the last quarter. Brookstone Capital Management lifted its stake in Invesco S&P 500 Quality ETF by 25.4% in the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock valued at $711,000 after acquiring an additional 2,150 shares during the last quarter. US Bancorp DE grew its position in Invesco S&P 500 Quality ETF by 75.9% in the fourth quarter. US Bancorp DE now owns 11,911 shares of the company’s stock worth $798,000 after acquiring an additional 5,140 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Quality ETF by 7.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after purchasing an additional 14,481 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at $1,273,000.

Invesco S&P 500 Quality ETF Trading Down 0.4 %

Shares of NYSEARCA:SPHQ opened at $66.67 on Friday. The stock has a market capitalization of $11.53 billion, a PE ratio of 27.16 and a beta of 0.93. Invesco S&P 500 Quality ETF has a 1 year low of $57.17 and a 1 year high of $71.22. The firm has a fifty day moving average price of $68.92 and a 200 day moving average price of $67.97.

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.