One Capital Management LLC Has $21.37 Million Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

One Capital Management LLC trimmed its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 318,819 shares of the company’s stock after selling 11,288 shares during the quarter. One Capital Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $21,370,000 as of its most recent SEC filing.

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

Invesco S&P 500 Quality ETF Trading Up 1.0 %

Shares of SPHQ stock opened at $69.40 on Thursday. The stock has a 50-day moving average of $69.02 and a 200-day moving average of $67.90. Invesco S&P 500 Quality ETF has a 1-year low of $57.17 and a 1-year high of $71.22. The stock has a market cap of $11.75 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94.

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.