Mission Wealth Management LP Sells 179 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Mission Wealth Management LP lessened its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 5,568 shares of the company’s stock after selling 179 shares during the period. Mission Wealth Management LP’s holdings in Invesco S&P 500 Quality ETF were worth $373,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. First Command Advisory Services Inc. lifted its stake in Invesco S&P 500 Quality ETF by 0.9% in the 4th quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock valued at $833,466,000 after purchasing an additional 116,159 shares during the last quarter. LPL Financial LLC lifted its stake in Invesco S&P 500 Quality ETF by 1.9% in the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock valued at $520,920,000 after purchasing an additional 141,687 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 5.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock valued at $514,378,000 after purchasing an additional 393,229 shares during the last quarter. FMR LLC lifted its stake in Invesco S&P 500 Quality ETF by 4.5% in the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock valued at $286,796,000 after purchasing an additional 184,895 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its stake in Invesco S&P 500 Quality ETF by 10.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock valued at $140,888,000 after purchasing an additional 197,353 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $69.40 on Thursday. The company has a market cap of $11.75 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94. The firm has a 50 day simple moving average of $69.02 and a 200 day simple moving average of $67.90. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22.

Invesco S&P 500 Quality ETF Company 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.