Jackson Wealth Management LLC lessened its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 1.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 144,608 shares of the company’s stock after selling 1,542 shares during the period. Invesco S&P 500 Quality ETF comprises about 1.1% of Jackson Wealth Management LLC’s holdings, making the stock its 22nd biggest position. Jackson Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $9,693,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in the stock. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Quality ETF in the third quarter worth about $34,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $38,000. Luken Investment Analytics LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $40,000. Blue Trust Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $43,000. Finally, VitalStone Financial LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 178.8% during the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after buying an additional 522 shares in the last quarter.
Invesco S&P 500 Quality ETF Trading Down 0.0 %
NYSEARCA SPHQ opened at $69.66 on Wednesday. The firm has a market cap of $10.41 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The company has a 50 day moving average of $68.41 and a 200-day moving average of $66.94. Invesco S&P 500 Quality ETF has a 1-year low of $56.32 and a 1-year high of $70.69.
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.
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