Parsons Capital Management Inc. RI trimmed its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 19.5% during the fourth quarter, HoldingsChannel reports. The fund owned 6,285 shares of the company’s stock after selling 1,518 shares during the period. Parsons Capital Management Inc. RI’s holdings in Invesco S&P 500 Quality ETF were worth $421,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth about $34,000. Abich Financial Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at $38,000. Blue Trust Inc. acquired a new stake in Invesco S&P 500 Quality ETF during the third quarter worth approximately $43,000. VitalStone Financial LLC grew its holdings in Invesco S&P 500 Quality ETF by 178.8% in the 3rd quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after buying an additional 522 shares in the last quarter. Finally, Arrow Financial Corp bought a new position in Invesco S&P 500 Quality ETF during the third quarter worth about $106,000.
Invesco S&P 500 Quality ETF Trading Up 0.2 %
Shares of SPHQ stock opened at $69.53 on Wednesday. The stock has a 50 day simple moving average of $68.26 and a 200 day simple moving average of $66.76. The stock has a market cap of $10.39 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1 year low of $55.67 and a 1 year high of $69.97.
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.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Quality ETF
- What Are Dividend Challengers?
- Survey Reveals: Top 150 Best Coffee Shops for Remote Workers and Business Deals [2025]
- Energy and Oil Stocks Explained
- What Does the Future Hold for Eli Lilly?
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
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:SPHQ – Free Report).
Receive News & Ratings for Invesco S&P 500 Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.
