Orion Portfolio Solutions LLC Sells 6,555 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Orion Portfolio Solutions LLC decreased its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,633 shares of the company’s stock after selling 6,555 shares during the period. Orion Portfolio Solutions LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,869,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Millstone Evans Group LLC bought a new position in Invesco S&P 500 Quality ETF during the 4th quarter valued at about $33,000. Briaud Financial Planning Inc purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $34,000. Luken Investment Analytics LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $40,000. Lee Danner & Bass Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth approximately $40,000. Finally, Howe & Rusling Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $40,000.

Invesco S&P 500 Quality ETF Stock Down 1.9 %

Shares of Invesco S&P 500 Quality ETF stock opened at $65.72 on Friday. The stock’s fifty day moving average is $68.89 and its two-hundred day moving average is $68.04. Invesco S&P 500 Quality ETF has a 52 week low of $57.17 and a 52 week high of $71.22. The company has a market capitalization of $11.66 billion, a PE ratio of 26.90 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.2014 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.