World Investment Advisors Lowers Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

World Investment Advisors reduced its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 17.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,318 shares of the company’s stock after selling 2,193 shares during the quarter. World Investment Advisors’ holdings in Invesco S&P 500 Quality ETF were worth $692,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of SPHQ. First Command Advisory Services Inc. grew its stake in Invesco S&P 500 Quality ETF by 0.9% during the fourth quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock valued at $833,466,000 after acquiring an additional 116,159 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 12.6% during the 4th quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock valued at $584,389,000 after purchasing an additional 974,609 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of Invesco S&P 500 Quality ETF by 5.4% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock valued at $514,378,000 after purchasing an additional 393,229 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Invesco S&P 500 Quality ETF by 2.3% in the fourth quarter. Bank of New York Mellon Corp now owns 1,894,097 shares of the company’s stock worth $126,961,000 after purchasing an additional 43,146 shares during the last quarter. Finally, Sfmg LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 0.4% in the fourth quarter. Sfmg LLC now owns 1,645,373 shares of the company’s stock worth $110,289,000 after buying an additional 6,867 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $60.26 on Monday. Invesco S&P 500 Quality ETF has a 1-year low of $57.17 and a 1-year high of $71.22. The business has a 50 day simple moving average of $68.45 and a two-hundred day simple moving average of $67.99. The stock has a market capitalization of $10.69 billion, a PE ratio of 26.90 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.2014 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.