Silver Oak Securities Incorporated Decreases Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Silver Oak Securities Incorporated decreased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 69.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,121 shares of the company’s stock after selling 36,709 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 Quality ETF were worth $1,083,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPHQ. Gateway Wealth Partners LLC lifted its position in Invesco S&P 500 Quality ETF by 2.8% in the fourth quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock worth $362,000 after buying an additional 149 shares during the last quarter. Brighton Jones LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after acquiring an additional 151 shares during the period. Lunt Capital Management Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 1.9% in the 4th quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock worth $652,000 after acquiring an additional 182 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 1.9% during the 4th quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock worth $666,000 after purchasing an additional 188 shares during the period. Finally, Alta Wealth Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 2.0% during the 4th quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock valued at $644,000 after purchasing an additional 190 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $70.30 on Friday. The firm has a market capitalization of $10.51 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1-year low of $56.56 and a 1-year high of $70.69. The company’s 50-day moving average is $68.48 and its 200 day moving average is $66.99.

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.