HM Payson & Co. Lowers Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

HM Payson & Co. cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 11.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,778 shares of the company’s stock after selling 2,721 shares during the quarter. HM Payson & Co.’s holdings in Invesco S&P 500 Quality ETF were worth $1,460,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Brookstone Capital Management raised its holdings in Invesco S&P 500 Quality ETF by 25.4% in the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after purchasing an additional 2,150 shares in the last quarter. 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 worth $80,000 after purchasing an additional 508 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Invesco S&P 500 Quality ETF by 7.1% in the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after purchasing an additional 14,481 shares in the last quarter. Jane Street Group LLC bought a new position in Invesco S&P 500 Quality ETF in the third quarter worth about $1,273,000. Finally, Oppenheimer Asset Management Inc. bought a new position in Invesco S&P 500 Quality ETF in the third quarter worth about $239,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $68.38 on Friday. The company has a market capitalization of $11.57 billion, a PE ratio of 29.27 and a beta of 0.94. The company has a 50-day simple moving average of $69.04 and a two-hundred day simple moving average of $67.95. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year 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.