Mainstay Capital Management LLC ADV Has $43.95 Million Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Mainstay Capital Management LLC ADV lessened its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 54.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 655,654 shares of the company’s stock after selling 798,101 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 6.7% of Mainstay Capital Management LLC ADV’s holdings, making the stock its 6th largest position. Mainstay Capital Management LLC ADV’s holdings in Invesco S&P 500 Quality ETF were worth $43,948,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SPHQ. Assetmark Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 43,723.2% during the 3rd quarter. Assetmark Inc. now owns 624,481 shares of the company’s stock worth $42,009,000 after acquiring an additional 623,056 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after acquiring an additional 393,229 shares in the last quarter. Wealth Management Resources Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 132.6% during the 4th quarter. Wealth Management Resources Inc. now owns 502,362 shares of the company’s stock worth $33,673,000 after acquiring an additional 286,391 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 10.4% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after acquiring an additional 197,353 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 4.5% during the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after acquiring an additional 184,895 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $70.13 on Monday. The company has a market cap of $11.87 billion, a PE ratio of 29.27 and a beta of 0.94. The stock has a 50-day moving average of $68.82 and a 200-day moving average of $67.62. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-week high of $71.22.

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.