Assetmark Inc. decreased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 50.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,035 shares of the company’s stock after selling 16,077 shares during the quarter. Assetmark Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,206,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. MTM Investment Management LLC purchased a new position in Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $26,000. Bell Investment Advisors Inc purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at about $28,000. IFC & Insurance Marketing Inc. bought a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $33,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter valued at $33,000.
Invesco S&P 500 Quality ETF Stock Performance
Shares of NYSEARCA:SPHQ opened at $84.80 on Friday. The firm’s 50 day simple moving average is $86.42 and its 200-day simple moving average is $81.29. The firm has a market cap of $19.41 billion, a PE ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a one year low of $70.40 and a one year high of $90.36.
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.
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