Jordan Park Group LLC Sells 82,996 Shares of Invesco S&P 500 Quality ETF $SPHQ

Jordan Park Group LLC lowered its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 48.8% in the 4th quarter, Holdings Channel reports. The firm owned 87,114 shares of the company’s stock after selling 82,996 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 0.4% of Jordan Park Group LLC’s portfolio, making the stock its 23rd largest position. Jordan Park Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $6,538,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted its stake in Invesco S&P 500 Quality ETF by 68.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after purchasing an additional 3,741,699 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in Invesco S&P 500 Quality ETF by 5.9% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock worth $668,722,000 after purchasing an additional 496,439 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Invesco S&P 500 Quality ETF by 3.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock worth $611,604,000 after purchasing an additional 253,950 shares during the period. Bank of America Corp DE boosted its stake in Invesco S&P 500 Quality ETF by 8.0% in the 3rd quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock worth $345,204,000 after purchasing an additional 349,166 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in Invesco S&P 500 Quality ETF by 15.6% in the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock worth $327,844,000 after purchasing an additional 603,848 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $85.36 on Monday. Invesco S&P 500 Quality ETF has a 52 week low of $68.89 and a 52 week high of $85.93. The business has a 50-day simple moving average of $79.99 and a two-hundred day simple moving average of $77.89. The company has a market cap of $18.17 billion, a P/E ratio of 25.36 and a beta of 0.91.

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.