Glen Eagle Advisors LLC Sells 6,025 Shares of Invesco S&P 500 Quality ETF $SPHQ

Glen Eagle Advisors LLC decreased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 38.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,632 shares of the company’s stock after selling 6,025 shares during the period. Glen Eagle Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $723,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SPHQ. Brighton Jones LLC lifted its stake in Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 51.2% during the first quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock valued at $388,000 after acquiring an additional 1,983 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the first quarter valued at $875,000. Jane Street Group LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 29.2% during the first quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after acquiring an additional 2,248 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of Invesco S&P 500 Quality ETF by 53.5% during the second quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock valued at $8,218,000 after acquiring an additional 40,210 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $87.32 on Monday. The company has a fifty day moving average price of $82.08 and a 200-day moving average price of $78.79. The company has a market capitalization of $18.59 billion, a P/E ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 52-week low of $68.89 and a 52-week high of $87.46.

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.