Olistico Wealth LLC Decreases Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Olistico Wealth LLC trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,484 shares of the company’s stock after selling 150 shares during the period. Olistico Wealth LLC’s holdings in Invesco S&P 500 Quality ETF were worth $636,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Sheets Smith Wealth Management purchased a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $220,000. Commons Capital LLC bought a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at $669,000. Alpha Cubed Investments LLC boosted its position in Invesco S&P 500 Quality ETF by 1.5% during the 4th quarter. Alpha Cubed Investments LLC now owns 40,366 shares of the company’s stock valued at $2,706,000 after buying an additional 588 shares during the period. Hoese & Co LLP grew its holdings in Invesco S&P 500 Quality ETF by 1.3% in the 4th quarter. Hoese & Co LLP now owns 159,615 shares of the company’s stock worth $10,697,000 after acquiring an additional 2,089 shares during the last quarter. Finally, Union Savings Bank grew its holdings in Invesco S&P 500 Quality ETF by 12.1% in the 4th quarter. Union Savings Bank now owns 388,123 shares of the company’s stock worth $26,012,000 after acquiring an additional 41,842 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.7 %

Shares of NYSEARCA:SPHQ opened at $69.22 on Thursday. The company has a 50-day moving average price of $68.09 and a 200-day moving average price of $66.60. The company has a market cap of $10.34 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 12 month low of $55.51 and a 12 month high of $69.97.

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.