IAG Wealth Partners LLC Trims Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

IAG Wealth Partners LLC reduced its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,274 shares of the company’s stock after selling 7,424 shares during the period. Invesco S&P 500 Quality ETF accounts for about 1.1% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 25th largest position. IAG Wealth Partners LLC owned 0.06% of Invesco S&P 500 Quality ETF worth $6,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth about $34,000. Briaud Financial Planning Inc purchased a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth about $34,000. Luken Investment Analytics LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth about $40,000. DHJJ Financial Advisors Ltd. raised its holdings in Invesco S&P 500 Quality ETF by 42.1% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock valued at $69,000 after buying an additional 307 shares during the period. Finally, Noble Wealth Management PBC purchased a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $70,000.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $66.40 on Thursday. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22. The company’s 50 day moving average price is $69.02 and its 200 day moving average price is $67.97. The firm has a market capitalization of $11.49 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93.

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.