Sanctuary Advisors LLC Sells 5,649 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Sanctuary Advisors LLC cut its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 10.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 48,427 shares of the company’s stock after selling 5,649 shares during the period. Sanctuary Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,410,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Gateway Wealth Partners LLC raised its holdings in Invesco S&P 500 Quality ETF by 2.8% in the 4th quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock valued at $362,000 after buying an additional 149 shares during the last quarter. Brighton Jones LLC grew its holdings in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after acquiring an additional 151 shares during the last quarter. Lunt Capital Management Inc. increased its position in Invesco S&P 500 Quality ETF by 1.9% in the 4th quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock valued at $652,000 after acquiring an additional 182 shares during the period. DAVENPORT & Co LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 1.9% during the fourth quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock valued at $666,000 after acquiring an additional 188 shares during the last quarter. Finally, Alta Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 2.0% during the fourth quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock worth $644,000 after purchasing an additional 190 shares during the period.

Invesco S&P 500 Quality ETF Stock Down 1.2 %

Shares of Invesco S&P 500 Quality ETF stock opened at $70.13 on Friday. The stock has a market cap of $10.48 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a twelve month low of $57.17 and a twelve month high of $71.22. The company’s fifty day moving average is $68.82 and its 200 day moving average is $67.53.

Invesco S&P 500 Quality ETF 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.