Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Position Lessened by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lowered its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 78,406 shares of the company’s stock after selling 315 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Invesco S&P 500 Quality ETF were worth $5,256,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in Invesco S&P 500 Quality ETF in the fourth quarter worth approximately $100,697,000. Madison Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth $88,622,000. Independent Advisor Alliance bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at $84,264,000. LPL Financial LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 12.6% during the 4th quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock valued at $584,389,000 after purchasing an additional 974,609 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 477.0% in the 4th quarter. Corient Private Wealth LLC now owns 498,472 shares of the company’s stock valued at $33,413,000 after purchasing an additional 412,080 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $63.00 on Friday. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22. The company’s fifty day moving average price is $66.79 and its two-hundred day moving average price is $67.60. The company has a market capitalization of $11.61 billion, a price-to-earnings ratio of 26.20 and a beta of 0.95.

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.