Opes Wealth Management LLC Has $8.02 Million Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Opes Wealth Management LLC cut its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 148,285 shares of the company’s stock after selling 4,103 shares during the quarter. Invesco S&P 500 Quality ETF accounts for about 1.9% of Opes Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Opes Wealth Management LLC owned 0.14% of Invesco S&P 500 Quality ETF worth $8,019,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. First Command Advisory Services Inc. boosted its position in Invesco S&P 500 Quality ETF by 7.8% during the 3rd quarter. First Command Advisory Services Inc. now owns 13,822,335 shares of the company’s stock worth $691,620,000 after acquiring an additional 1,002,069 shares during the period. LPL Financial LLC boosted its position in Invesco S&P 500 Quality ETF by 10.4% during the 3rd quarter. LPL Financial LLC now owns 5,552,952 shares of the company’s stock worth $277,870,000 after acquiring an additional 524,331 shares during the period. FMR LLC boosted its position in Invesco S&P 500 Quality ETF by 0.6% during the 3rd quarter. FMR LLC now owns 4,100,644 shares of the company’s stock worth $205,196,000 after acquiring an additional 22,558 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its position in Invesco S&P 500 Quality ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,493,947 shares of the company’s stock worth $188,953,000 after acquiring an additional 178,554 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth about $143,042,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock traded down $0.19 during trading on Thursday, hitting $58.00. 1,109,849 shares of the stock traded hands, compared to its average volume of 1,051,112. The stock has a market cap of $8.41 billion, a P/E ratio of 21.97 and a beta of 0.96. The company has a fifty day moving average price of $59.06 and a two-hundred day moving average price of $54.84. Invesco S&P 500 Quality ETF has a twelve month low of $46.71 and a twelve month high of $60.77.

Invesco S&P 500 Quality ETF 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.