Parallel Advisors LLC lessened its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 1.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 67,361 shares of the company’s stock after selling 705 shares during the quarter. Parallel Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,515,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently bought and sold shares of the business. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth $34,000. Briaud Financial Planning Inc bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth $34,000. Luken Investment Analytics LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth $40,000. DHJJ Financial Advisors Ltd. grew its position in shares of Invesco S&P 500 Quality ETF by 42.1% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock worth $69,000 after buying an additional 307 shares in the last quarter. Finally, Noble Wealth Management PBC bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth $70,000.
Invesco S&P 500 Quality ETF Trading Up 1.1 %
SPHQ opened at $67.15 on Tuesday. Invesco S&P 500 Quality ETF has a 12-month low of $57.17 and a 12-month high of $71.22. The business’s fifty day simple moving average is $68.95 and its 200-day simple moving average is $67.98. The company has a market capitalization of $11.62 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93.
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.
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