Providence First Trust Co Reduces Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Providence First Trust Co cut its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 82,603 shares of the company’s stock after selling 301 shares during the period. Invesco S&P 500 Quality ETF makes up approximately 2.4% of Providence First Trust Co’s holdings, making the stock its 13th largest holding. Providence First Trust Co owned about 0.06% of Invesco S&P 500 Quality ETF worth $5,249,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at about $2,645,000. Great Valley Advisor Group Inc. grew its stake in Invesco S&P 500 Quality ETF by 69.5% during the 4th quarter. Great Valley Advisor Group Inc. now owns 6,916 shares of the company’s stock valued at $374,000 after purchasing an additional 2,836 shares in the last quarter. Rollins Financial increased its holdings in Invesco S&P 500 Quality ETF by 31.5% during the 4th quarter. Rollins Financial now owns 99,372 shares of the company’s stock worth $5,374,000 after purchasing an additional 23,830 shares during the last quarter. Spire Wealth Management raised its position in shares of Invesco S&P 500 Quality ETF by 27.0% in the 4th quarter. Spire Wealth Management now owns 3,298 shares of the company’s stock valued at $183,000 after purchasing an additional 701 shares in the last quarter. Finally, Lincoln National Corp boosted its stake in shares of Invesco S&P 500 Quality ETF by 1.8% during the 4th quarter. Lincoln National Corp now owns 88,257 shares of the company’s stock valued at $4,773,000 after buying an additional 1,598 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock traded up $0.68 during trading on Monday, reaching $66.64. The company had a trading volume of 616,100 shares, compared to its average volume of 973,839. Invesco S&P 500 Quality ETF has a fifty-two week low of $47.72 and a fifty-two week high of $66.66. The firm’s fifty day moving average is $64.30 and its 200-day moving average is $61.65. The company has a market cap of $9.96 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

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.