Intelligence Driven Advisers LLC Sells 25,682 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Intelligence Driven Advisers LLC lessened its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 48.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,165 shares of the company’s stock after selling 25,682 shares during the quarter. Invesco S&P 500 Quality ETF accounts for about 0.2% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 28th largest position. Intelligence Driven Advisers LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. First Command Advisory Services Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 7.8% during the 3rd quarter. First Command Advisory Services Inc. now owns 13,822,335 shares of the company’s stock worth $691,620,000 after buying an additional 1,002,069 shares during the period. LPL Financial LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 10.4% during the 3rd quarter. LPL Financial LLC now owns 5,552,952 shares of the company’s stock worth $277,870,000 after buying an additional 524,331 shares during the period. FMR LLC raised its position in Invesco S&P 500 Quality ETF by 0.6% in the 3rd quarter. FMR LLC now owns 4,100,644 shares of the company’s stock valued at $205,196,000 after purchasing an additional 22,558 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in Invesco S&P 500 Quality ETF by 5.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,493,947 shares of the company’s stock valued at $188,953,000 after purchasing an additional 178,554 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at $143,042,000.

Invesco S&P 500 Quality ETF Stock Up 0.7 %

SPHQ traded up $0.41 during trading on Thursday, hitting $58.20. The company’s stock had a trading volume of 599,552 shares, compared to its average volume of 1,047,522. The firm’s 50 day moving average price is $59.27 and its two-hundred day moving average price is $55.39. Invesco S&P 500 Quality ETF has a 12 month low of $46.73 and a 12 month high of $60.77. The stock has a market capitalization of $8.53 billion, a price-to-earnings ratio of 21.94 and a beta of 0.97.

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.