Park Avenue Securities LLC Reduces Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Park Avenue Securities LLC lowered its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQFree Report) by 9.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 43,838 shares of the company’s stock after selling 4,339 shares during the quarter. Park Avenue Securities LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,938,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SPHQ. JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Quality ETF by 7.1% during the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after acquiring an additional 14,481 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at $1,273,000. Clarius Group LLC lifted its holdings in Invesco S&P 500 Quality ETF by 18.7% during the 3rd quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock worth $320,000 after purchasing an additional 750 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Invesco S&P 500 Quality ETF in the 2nd quarter worth about $796,000. Finally, ACT Advisors LLC. grew its holdings in Invesco S&P 500 Quality ETF by 2.3% during the 3rd quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock valued at $19,300,000 after buying an additional 6,397 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.4 %

Shares of SPHQ opened at $67.64 on Friday. The business’s 50-day moving average price is $68.08 and its 200-day moving average price is $66.46. Invesco S&P 500 Quality ETF has a twelve month low of $53.81 and a twelve month high of $69.97. The stock has a market cap of $10.11 billion, a PE ratio of 22.60 and a beta of 0.98.

Invesco S&P 500 Quality ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

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