Invesco S&P 500 Quality ETF $SPHQ Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.8% in the 4th quarter, HoldingsChannel reports. The firm owned 311,979 shares of the company’s stock after selling 8,975 shares during the period. HighTower Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $23,414,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $33,000. Ancora Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $35,000. Dunhill Financial LLC raised its stake 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 valued at $37,000 after purchasing an additional 503 shares during the last quarter. Burkett Financial Services LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $37,000. Finally, First Horizon Corp grew its holdings in Invesco S&P 500 Quality ETF by 127.9% in the 4th quarter. First Horizon Corp now owns 695 shares of the company’s stock valued at $52,000 after buying an additional 390 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

SPHQ opened at $84.64 on Friday. The stock has a market capitalization of $18.02 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The business has a 50-day moving average of $79.09 and a two-hundred day moving average of $77.45. Invesco S&P 500 Quality ETF has a 12 month low of $68.68 and a 12 month high of $84.97.

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