Royal Bank of Canada decreased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 16.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,184,539 shares of the company’s stock after selling 433,330 shares during the period. Royal Bank of Canada owned about 1.03% of Invesco S&P 500 Quality ETF worth $164,255,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of SPHQ. MTM Investment Management LLC purchased a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at $26,000. Cassaday & Co Wealth Management LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 1st quarter worth about $27,000. Bell Investment Advisors Inc purchased a new stake in Invesco S&P 500 Quality ETF during the 1st quarter worth about $28,000. IFC & Insurance Marketing Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $29,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $33,000.
Invesco S&P 500 Quality ETF Stock Performance
Shares of SPHQ opened at $85.07 on Friday. Invesco S&P 500 Quality ETF has a 1 year low of $70.40 and a 1 year high of $90.36. The stock has a market capitalization of $19.50 billion, a PE ratio of 25.36 and a beta of 0.90. The stock has a 50-day simple moving average of $86.55 and a 200-day simple moving average of $81.54.
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.
Read More
- Five stocks we like better than Invesco S&P 500 Quality ETF
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Want to see what other hedge funds are holding SPHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report).
Receive News & Ratings for Invesco S&P 500 Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.
