Assetmark Inc. Sells 16,077 Shares of Invesco S&P 500 Quality ETF $SPHQ

Assetmark Inc. reduced its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 50.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 16,035 shares of the company’s stock after selling 16,077 shares during the quarter. Assetmark Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,206,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SPHQ. 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 during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 5.9% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock worth $668,722,000 after buying an additional 496,439 shares in the last quarter. Bank of America Corp DE grew its position in shares of Invesco S&P 500 Quality ETF by 8.0% during the 3rd quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock worth $345,204,000 after buying an additional 349,166 shares during the period. Raymond James Financial Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 15.6% during the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock valued at $327,844,000 after acquiring an additional 603,848 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in Invesco S&P 500 Quality ETF by 3.0% during the fourth quarter. Bank of New York Mellon Corp now owns 2,801,483 shares of the company’s stock worth $210,251,000 after acquiring an additional 80,335 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $84.80 on Friday. Invesco S&P 500 Quality ETF has a one year low of $70.40 and a one year high of $90.36. The company has a market cap of $19.41 billion, a PE ratio of 25.36 and a beta of 0.90. The firm has a 50-day moving average of $86.42 and a 200-day moving average of $81.29.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.