Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Stock Position Decreased by First American Trust FSB

First American Trust FSB cut its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 9.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,814 shares of the company’s stock after selling 387 shares during the period. First American Trust FSB’s holdings in Invesco S&P 500 Quality ETF were worth $256,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SPHQ. Lynx Investment Advisory raised its holdings in shares of Invesco S&P 500 Quality ETF by 2.3% during the fourth quarter. Lynx Investment Advisory now owns 140,655 shares of the company’s stock valued at $9,428,000 after acquiring an additional 3,122 shares during the period. Hershey Financial Advisers LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at $505,000. Cedar Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 19.4% in the fourth quarter. Cedar Wealth Management LLC now owns 95,060 shares of the company’s stock valued at $6,372,000 after purchasing an additional 15,428 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 12.6% in the fourth quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock valued at $584,389,000 after purchasing an additional 974,609 shares in the last quarter. Finally, Sfmg LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 0.4% in the fourth quarter. Sfmg LLC now owns 1,645,373 shares of the company’s stock worth $110,289,000 after buying an additional 6,867 shares during the period.

Invesco S&P 500 Quality ETF Trading Up 0.1 %

Shares of SPHQ stock opened at $67.34 on Wednesday. The company has a market capitalization of $11.65 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93. Invesco S&P 500 Quality ETF has a 1-year low of $57.17 and a 1-year high of $71.22. The stock’s fifty day simple moving average is $68.96 and its 200-day simple moving average is $68.03.

Invesco S&P 500 Quality ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.2014 per share. The ex-dividend date is Monday, March 24th. This is a boost from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.