Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Salomon & Ludwin LLC

Salomon & Ludwin LLC lowered its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 18.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,606 shares of the company’s stock after selling 356 shares during the quarter. Salomon & Ludwin LLC’s holdings in Invesco S&P 500 Quality ETF were worth $108,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Valeo Financial Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 24.1% in the fourth quarter. Valeo Financial Advisors LLC now owns 5,904 shares of the company’s stock valued at $396,000 after purchasing an additional 1,146 shares during the period. Blue Trust Inc. raised its holdings in Invesco S&P 500 Quality ETF by 75.3% in the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock valued at $80,000 after acquiring an additional 508 shares in the last quarter. Family Capital Management Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $243,000. DHJJ Financial Advisors Ltd. raised its holdings in Invesco S&P 500 Quality ETF by 42.1% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock valued at $69,000 after acquiring an additional 307 shares in the last quarter. Finally, Guardian Asset Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF by 31.8% in the fourth quarter. Guardian Asset Advisors LLC now owns 6,052 shares of the company’s stock valued at $406,000 after acquiring an additional 1,459 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.4 %

Shares of NYSEARCA:SPHQ opened at $70.82 on Friday. Invesco S&P 500 Quality ETF has a fifty-two week low of $56.56 and a fifty-two week high of $71.12. The firm’s 50 day moving average price is $68.64 and its 200 day moving average price is $67.27. The stock has a market cap of $10.58 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.