Ruggaard & Associates LLC Has $10.99 Million Stake in Invesco S&P 500 Quality ETF $SPHQ

Ruggaard & Associates LLC decreased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,489 shares of the company’s stock after selling 13,383 shares during the quarter. Invesco S&P 500 Quality ETF makes up 4.3% of Ruggaard & Associates LLC’s portfolio, making the stock its 9th biggest holding. Ruggaard & Associates LLC owned 0.07% of Invesco S&P 500 Quality ETF worth $10,994,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Ausdal Financial Partners Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 187.2% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock valued at $3,036,000 after acquiring an additional 27,003 shares during the period. Focus Partners Advisor Solutions LLC lifted its holdings in Invesco S&P 500 Quality ETF by 235.2% during the third quarter. Focus Partners Advisor Solutions LLC now owns 10,107 shares of the company’s stock valued at $742,000 after purchasing an additional 7,092 shares in the last quarter. Demars Financial Group LLC lifted its holdings in Invesco S&P 500 Quality ETF by 4.6% during the fourth quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock valued at $48,004,000 after purchasing an additional 28,275 shares in the last quarter. Alpine Bank Wealth Management boosted its position in shares of Invesco S&P 500 Quality ETF by 1.3% in the fourth quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock worth $41,657,000 after purchasing an additional 7,296 shares during the period. Finally, Capital Advisors Ltd. LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 44.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 42,599 shares of the company’s stock worth $3,197,000 after purchasing an additional 13,025 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $89.36 on Friday. The firm has a fifty day moving average price of $83.11 and a 200-day moving average price of $79.19. The stock has a market cap of $19.02 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 1 year low of $68.89 and a 1 year high of $89.94.

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.