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

One Capital Management LLC lessened its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 318,819 shares of the company’s stock after selling 11,288 shares during the quarter. One Capital Management LLC owned approximately 0.21% of Invesco S&P 500 Quality ETF worth $21,370,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at about $100,697,000. Promus Capital LLC bought a new position in Invesco S&P 500 Quality ETF in the fourth quarter worth $452,000. Cullen Frost Bankers Inc. lifted its position in Invesco S&P 500 Quality ETF by 88.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 8,533 shares of the company’s stock worth $572,000 after purchasing an additional 3,995 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at $809,000. Finally, Symphony Financial Services Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 2.3% during the fourth quarter. Symphony Financial Services Inc. now owns 10,654 shares of the company’s stock valued at $714,000 after acquiring an additional 236 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $69.40 on Thursday. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-week high of $71.22. The stock has a market cap of $11.75 billion, a PE ratio of 29.27 and a beta of 0.94. The business has a fifty day moving average of $69.02 and a two-hundred day moving average of $67.90.

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.