Invesco S&P 500 Quality ETF $SPHQ Stock Position Reduced by MML Investors Services LLC

MML Investors Services LLC lessened its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 21.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 903,019 shares of the company’s stock after selling 248,941 shares during the period. MML Investors Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $67,772,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. MTM Investment Management LLC bought a new position in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $26,000. IFC & Insurance Marketing Inc. bought a new position in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $33,000. Ancora Advisors LLC bought a new position in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $35,000. Finally, Burkett Financial Services LLC bought a new position in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $37,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $87.32 on Monday. The company has a market cap of $18.59 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 12-month low of $68.89 and a 12-month high of $87.46. The stock’s 50 day simple moving average is $82.08 and its 200 day simple moving average is $78.79.

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