Fiduciary Alliance LLC Lowers Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Fiduciary Alliance LLC decreased its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.7% during the fourth quarter, Holdings Channel reports. The fund owned 22,922 shares of the company’s stock after selling 637 shares during the period. Fiduciary Alliance LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,536,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in Invesco S&P 500 Quality ETF in the third quarter worth $1,273,000. JPMorgan Chase & Co. grew its position in shares of Invesco S&P 500 Quality ETF by 7.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after buying an additional 14,481 shares during the period. Clarius Group LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 18.7% in the 3rd quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock worth $320,000 after acquiring an additional 750 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF during the 2nd quarter valued at about $796,000. Finally, ACT Advisors LLC. boosted its stake in Invesco S&P 500 Quality ETF by 2.3% during the third quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock worth $19,300,000 after acquiring an additional 6,397 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $66.34 on Tuesday. The firm’s 50-day simple moving average is $68.09 and its two-hundred day simple moving average is $66.41. Invesco S&P 500 Quality ETF has a fifty-two week low of $53.81 and a fifty-two week high of $69.97. The stock has a market cap of $9.91 billion, a PE ratio of 22.60 and a beta of 0.98.

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.