SageView Advisory Group LLC Lowers Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

SageView Advisory Group LLC reduced its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 21.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,560 shares of the company’s stock after selling 3,960 shares during the period. SageView Advisory Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $824,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of SPHQ. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth about $143,042,000. UBS Group AG raised its holdings in shares of Invesco S&P 500 Quality ETF by 107.3% during the 4th quarter. UBS Group AG now owns 1,274,193 shares of the company’s stock worth $68,908,000 after acquiring an additional 659,657 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Invesco S&P 500 Quality ETF by 38.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,147,557 shares of the company’s stock valued at $116,140,000 after purchasing an additional 601,790 shares in the last quarter. LPL Financial LLC increased its position in Invesco S&P 500 Quality ETF by 10.4% in the third quarter. LPL Financial LLC now owns 5,552,952 shares of the company’s stock worth $277,870,000 after purchasing an additional 524,331 shares during the last quarter. Finally, Christopher J. Hasenberg Inc purchased a new stake in Invesco S&P 500 Quality ETF during the fourth quarter valued at $16,809,000.

Invesco S&P 500 Quality ETF Stock Up 1.0 %

SPHQ stock opened at $65.05 on Tuesday. Invesco S&P 500 Quality ETF has a 52 week low of $47.72 and a 52 week high of $65.18. The firm has a market capitalization of $9.72 billion, a P/E ratio of 22.60 and a beta of 0.98. The company has a fifty day simple moving average of $60.57 and a two-hundred day simple moving average of $57.94.

About Invesco S&P 500 Quality ETF

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.