Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Alaska Permanent Capital Management

Alaska Permanent Capital Management lessened its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 97.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,528 shares of the company’s stock after selling 462,371 shares during the quarter. Invesco S&P 500 Quality ETF comprises about 0.1% of Alaska Permanent Capital Management’s investment portfolio, making the stock its 27th biggest holding. Alaska Permanent Capital Management’s holdings in Invesco S&P 500 Quality ETF were worth $706,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Ridgeline Wealth Planning LLC purchased a new position in Invesco S&P 500 Quality ETF in the 4th quarter worth about $808,000. Leavell Investment Management Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 5.9% during the fourth quarter. Leavell Investment Management Inc. now owns 22,661 shares of the company’s stock valued at $1,519,000 after acquiring an additional 1,271 shares during the period. Collier Financial purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $10,857,000. Sovran Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter worth approximately $930,000. Finally, Essex Financial Services Inc. grew its position in Invesco S&P 500 Quality ETF by 2.8% during the 4th quarter. Essex Financial Services Inc. now owns 101,253 shares of the company’s stock worth $6,787,000 after purchasing an additional 2,744 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.3 %

Shares of NYSEARCA:SPHQ opened at $70.56 on Wednesday. The company has a market cap of $10.55 billion, a P/E ratio of 22.60 and a beta of 0.98. The company’s fifty day moving average is $68.54 and its two-hundred day moving average is $67.17. Invesco S&P 500 Quality ETF has a 12-month low of $56.56 and a 12-month high of $70.69.

About Invesco S&P 500 Quality ETF

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.