Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 30.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,956,052 shares of the company’s stock after selling 845,431 shares during the period. Bank of New York Mellon Corp’s holdings in Invesco S&P 500 Quality ETF were worth $147,076,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Pinnacle Wealth Management Advisory Group LLC boosted its stake in Invesco S&P 500 Quality ETF by 4.5% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock worth $238,000 after buying an additional 136 shares during the period. Compound Planning Inc. boosted its position in shares of Invesco S&P 500 Quality ETF by 1.0% during the 4th quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock worth $1,092,000 after purchasing an additional 138 shares during the period. Verum Partners LLC increased its holdings in Invesco S&P 500 Quality ETF by 0.3% in the 4th quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock valued at $3,772,000 after purchasing an additional 141 shares during the last quarter. World Investment Advisors grew its stake in shares of Invesco S&P 500 Quality ETF by 0.6% in the first quarter. World Investment Advisors now owns 24,754 shares of the company’s stock valued at $1,861,000 after buying an additional 142 shares in the last quarter. Finally, Latitude Advisors LLC increased its stake in Invesco S&P 500 Quality ETF by 3.0% during the fourth quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock worth $379,000 after purchasing an additional 148 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $84.78 on Monday. The firm has a market cap of $19.35 billion, a PE ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 52-week low of $70.40 and a 52-week high of $90.36. The company’s 50 day moving average is $86.19 and its two-hundred day moving average is $80.99.

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.