PFG Advisors Decreases Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

PFG Advisors trimmed its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 11,584 shares of the company’s stock after selling 379 shares during the period. PFG Advisors’ holdings in Invesco S&P 500 Quality ETF were worth $776,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SPHQ. Atria Investments Inc bought a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at $699,000. Empower Advisory Group LLC bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter worth about $229,000. Oppenheimer Asset Management Inc. bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter worth about $239,000. Huntington National Bank boosted its stake in Invesco S&P 500 Quality ETF by 11.4% in the 3rd quarter. Huntington National Bank now owns 2,428 shares of the company’s stock worth $163,000 after purchasing an additional 249 shares in the last quarter. Finally, KPP Advisory Services LLC raised its position in Invesco S&P 500 Quality ETF by 121.1% in the 3rd quarter. KPP Advisory Services LLC now owns 88,854 shares of the company’s stock worth $5,977,000 after buying an additional 48,666 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $66.39 on Friday. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.17 and a fifty-two week high of $71.22. The business has a 50-day simple moving average of $68.98 and a two-hundred day simple moving average of $67.94. The firm has a market cap of $11.48 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93.

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.