Alaska Wealth Advisors Reduces Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Alaska Wealth Advisors cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 53.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,982 shares of the company’s stock after selling 80,128 shares during the period. Invesco S&P 500 Quality ETF accounts for 0.7% of Alaska Wealth Advisors’ portfolio, making the stock its 22nd largest holding. Alaska Wealth Advisors’ holdings in Invesco S&P 500 Quality ETF were worth $4,624,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SPHQ. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth approximately $34,000. Abich Financial Wealth Management LLC bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter worth $38,000. Luken Investment Analytics LLC bought a new position in Invesco S&P 500 Quality ETF in the 4th quarter worth $40,000. Blue Trust Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth $43,000. Finally, VitalStone Financial LLC raised its holdings in Invesco S&P 500 Quality ETF by 178.8% during the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after acquiring an additional 522 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.3 %

NYSEARCA SPHQ opened at $70.56 on Wednesday. Invesco S&P 500 Quality ETF has a twelve month low of $56.56 and a twelve month high of $70.69. The business has a 50-day moving average price of $68.54 and a 200-day moving average price of $67.17. The firm has a market cap of $10.55 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

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.