Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC reduced its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQFree Report) by 85.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,853 shares of the company’s stock after selling 883,846 shares during the period. Orion Portfolio Solutions LLC’s holdings in Invesco S&P 500 Quality ETF were worth $7,923,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Key Financial Inc grew its holdings in Invesco S&P 500 Quality ETF by 3.0% during the 4th quarter. Key Financial Inc now owns 7,789 shares of the company’s stock worth $421,000 after acquiring an additional 230 shares in the last quarter. Riggs Asset Managment Co. Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 0.6% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 38,448 shares of the company’s stock valued at $1,924,000 after buying an additional 238 shares during the period. Jackson Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 0.3% in the 3rd quarter. Jackson Wealth Management LLC now owns 96,885 shares of the company’s stock valued at $4,848,000 after buying an additional 243 shares during the period. Keybank National Association OH boosted its holdings in shares of Invesco S&P 500 Quality ETF by 1.0% in the 3rd quarter. Keybank National Association OH now owns 27,198 shares of the company’s stock valued at $1,361,000 after buying an additional 260 shares during the period. Finally, Silver Oak Securities Incorporated boosted its holdings in shares of Invesco S&P 500 Quality ETF by 0.7% in the 3rd quarter. Silver Oak Securities Incorporated now owns 39,110 shares of the company’s stock valued at $1,957,000 after buying an additional 286 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ traded up $0.37 during midday trading on Friday, hitting $61.73. The company’s stock had a trading volume of 579,880 shares, compared to its average volume of 992,584. Invesco S&P 500 Quality ETF has a 1-year low of $47.00 and a 1-year high of $62.02. The firm’s fifty day moving average price is $59.76 and its 200-day moving average price is $56.67. The firm has a market cap of $9.23 billion, a P/E 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.

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

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