SlateStone Wealth LLC Has $901,000 Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

SlateStone Wealth LLC trimmed its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 26.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 13,443 shares of the company’s stock after selling 4,744 shares during the period. SlateStone Wealth LLC’s holdings in Invesco S&P 500 Quality ETF were worth $901,000 at the end of the most recent quarter.

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

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $66.39 on Monday. The company has a market cap of $11.48 billion, a PE ratio of 27.16 and a beta of 0.93. The stock has a 50-day simple moving average of $68.96 and a 200 day simple moving average of $67.98. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-week high of $71.22.

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.