Jackson Wealth Management LLC Has $9.69 Million Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Jackson Wealth Management LLC cut its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 144,608 shares of the company’s stock after selling 1,542 shares during the quarter. Invesco S&P 500 Quality ETF makes up 1.1% of Jackson Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. Jackson Wealth Management LLC owned 0.10% of Invesco S&P 500 Quality ETF worth $9,693,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth $34,000. Abich Financial Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF during the third quarter worth $38,000. Luken Investment Analytics LLC acquired a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth $40,000. Blue Trust Inc. acquired a new position in Invesco S&P 500 Quality ETF during the third quarter worth $43,000. Finally, VitalStone Financial LLC increased its position in Invesco S&P 500 Quality ETF by 178.8% during the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after buying an additional 522 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock opened at $69.66 on Wednesday. Invesco S&P 500 Quality ETF has a 52-week low of $56.32 and a 52-week high of $70.69. The company has a 50-day moving average of $68.41 and a two-hundred day moving average of $66.94. The stock has a market capitalization of $10.41 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

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.