Invesco S&P 500 Quality ETF $SPHQ Shares Sold by IAG Wealth Partners LLC

IAG Wealth Partners LLC reduced its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 13.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,257 shares of the company’s stock after selling 9,591 shares during the period. IAG Wealth Partners LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,747,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Ameriprise Financial Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 68.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after purchasing an additional 3,741,699 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 5.9% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock valued at $668,722,000 after purchasing an additional 496,439 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 3.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock valued at $611,604,000 after purchasing an additional 253,950 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Invesco S&P 500 Quality ETF by 8.0% in the 3rd quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock valued at $345,204,000 after purchasing an additional 349,166 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 15.6% in the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock valued at $327,844,000 after purchasing an additional 603,848 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $85.03 on Tuesday. The firm has a market capitalization of $18.10 billion, a P/E 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 $85.93. The business’s 50-day simple moving average is $80.17 and its 200-day simple moving average is $77.96.

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.