Fortis Group Advisors LLC Has $3.19 Million Stake in Invesco S&P 500 Quality ETF $SPHQ

Fortis Group Advisors LLC trimmed its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 30.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,225 shares of the company’s stock after selling 17,716 shares during the period. Fortis Group Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,190,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in Invesco S&P 500 Quality ETF in the 4th quarter worth $33,000. Ancora Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth $35,000. Burkett Financial Services LLC acquired a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth $37,000. Dunhill Financial LLC grew its position in Invesco S&P 500 Quality ETF by 10,060.0% in the 3rd quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after purchasing an additional 503 shares during the last quarter. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth $47,000.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $83.23 on Thursday. The company has a 50-day moving average of $78.83 and a 200-day moving average of $77.33. The company has a market capitalization of $17.72 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 52 week low of $68.68 and a 52 week high of $83.37.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.