Envestnet Portfolio Solutions Inc. Decreases Stake in Invesco S&P 500 Quality ETF $SPHQ

Envestnet Portfolio Solutions Inc. reduced its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 55.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,691 shares of the company’s stock after selling 6,988 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $427,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Sierra Ocean LLC increased its stake in Invesco S&P 500 Quality ETF by 3.4% in the 4th quarter. Sierra Ocean LLC now owns 205,138 shares of the company’s stock worth $15,396,000 after purchasing an additional 6,807 shares during the period. Intrua Financial LLC grew its position in shares of Invesco S&P 500 Quality ETF by 1.1% in the 4th quarter. Intrua Financial LLC now owns 31,969 shares of the company’s stock worth $2,399,000 after buying an additional 334 shares during the last quarter. Evensky & Katz LLC grew its position in shares of Invesco S&P 500 Quality ETF by 0.3% in the 4th quarter. Evensky & Katz LLC now owns 773,450 shares of the company’s stock worth $58,047,000 after buying an additional 2,518 shares during the last quarter. Mission Wealth Management LP grew its position in shares of Invesco S&P 500 Quality ETF by 8.1% in the 4th quarter. Mission Wealth Management LP now owns 7,164 shares of the company’s stock worth $538,000 after buying an additional 534 shares during the last quarter. Finally, Soltis Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth approximately $510,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $85.51 on Thursday. The firm has a market cap of $18.20 billion, a P/E ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a fifty-two week low of $68.89 and a fifty-two week high of $85.93. The business’s 50 day moving average price is $79.63 and its 200-day moving average price is $77.72.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.