Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Stake Lowered by Sequent Planning LLC

Sequent Planning LLC trimmed its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQFree Report) by 27.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 10,310 shares of the company’s stock after selling 3,968 shares during the quarter. Sequent Planning LLC’s holdings in Invesco S&P 500 Quality ETF were worth $691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPHQ. Millstone Evans Group LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at $33,000. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $34,000. Briaud Financial Planning Inc acquired a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $34,000. Luken Investment Analytics LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $40,000. Finally, Lee Danner & Bass Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $40,000.

Invesco S&P 500 Quality ETF Stock Down 0.4 %

Shares of SPHQ opened at $66.43 on Monday. The stock has a market cap of $11.49 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93. Invesco S&P 500 Quality ETF has a 12 month low of $57.17 and a 12 month high of $71.22. The company has a 50-day moving average price of $68.92 and a two-hundred day moving average price of $68.00.

Invesco S&P 500 Quality ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SPHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

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