Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Stock Position Lowered by WESPAC Advisors LLC

WESPAC Advisors LLC lessened its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 14.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 12,848 shares of the company’s stock after selling 2,088 shares during the quarter. WESPAC Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $861,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Abound Financial LLC acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $223,000. Sigma Planning Corp increased its stake in Invesco S&P 500 Quality ETF by 8.4% in the 4th quarter. Sigma Planning Corp now owns 18,444 shares of the company’s stock valued at $1,236,000 after buying an additional 1,427 shares during the period. Capital Advisory Group Advisory Services LLC increased its stake in Invesco S&P 500 Quality ETF by 4.6% in the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 47,284 shares of the company’s stock valued at $3,169,000 after buying an additional 2,060 shares during the period. Concurrent Investment Advisors LLC increased its stake in Invesco S&P 500 Quality ETF by 65.4% in the 4th quarter. Concurrent Investment Advisors LLC now owns 54,722 shares of the company’s stock valued at $3,668,000 after buying an additional 21,630 shares during the period. Finally, Meitav Investment House Ltd. acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $7,769,000.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $70.13 on Friday. The firm has a market cap of $11.87 billion, a PE ratio of 29.27 and a beta of 0.94. The firm’s 50 day moving average price is $68.82 and its two-hundred day moving average price is $67.57. Invesco S&P 500 Quality ETF has a twelve month low of $57.17 and a twelve month high of $71.22.

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.