Evergreen Capital Management LLC Has $20.38 Million Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Evergreen Capital Management LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 304,073 shares of the company’s stock after acquiring an additional 22,922 shares during the period. Invesco S&P 500 Quality ETF accounts for about 0.7% of Evergreen Capital Management LLC’s portfolio, making the stock its 27th biggest position. Evergreen Capital Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $20,382,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bernard Wealth Management Corp. acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth $26,000. Millstone Evans Group LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth $33,000. Briaud Financial Planning Inc acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $34,000. Luken Investment Analytics LLC bought a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at about $40,000. Finally, Lee Danner & Bass Inc. acquired a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at about $40,000.

Invesco S&P 500 Quality ETF Trading Down 0.1 %

Invesco S&P 500 Quality ETF stock opened at $63.80 on Wednesday. The firm has a market capitalization of $11.32 billion, a P/E ratio of 26.90 and a beta of 0.93. The business has a 50-day moving average of $67.08 and a 200-day moving average of $67.67. Invesco S&P 500 Quality ETF has a 1 year low of $57.17 and a 1 year high of $71.22.

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.