Invesco S&P 500 Quality ETF $SPHQ Stock Holdings Lowered by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 16.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 974,212 shares of the company’s stock after selling 198,146 shares during the quarter. PNC Financial Services Group Inc. owned 0.48% of Invesco S&P 500 Quality ETF worth $73,115,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Larson Financial Group LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 473.1% in the 4th quarter. Larson Financial Group LLC now owns 20,097 shares of the company’s stock worth $1,508,000 after purchasing an additional 16,590 shares in the last quarter. Tortoise Investment Management LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 1.6% in the 4th quarter. Tortoise Investment Management LLC now owns 11,846 shares of the company’s stock worth $889,000 after purchasing an additional 182 shares in the last quarter. Sierra Ocean LLC raised its holdings in shares of 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 in the last quarter. Intrua Financial LLC raised its holdings 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 purchasing an additional 334 shares in the last quarter. Finally, Evensky & Katz LLC raised its holdings 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 purchasing an additional 2,518 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $83.70 on Friday. The firm’s 50 day simple moving average is $78.95 and its 200-day simple moving average is $77.40. The company has a market cap of $17.82 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 $68.68 and a fifty-two week high of $83.91.

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.