Assetmark Inc. Has $35.68 Million Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Assetmark Inc. reduced its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 14.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 532,364 shares of the company’s stock after selling 92,117 shares during the quarter. Assetmark Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $35,684,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. First Command Advisory Services Inc. grew its position in shares of Invesco S&P 500 Quality ETF by 0.9% during the 4th quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock worth $833,466,000 after buying an additional 116,159 shares during the period. LPL Financial LLC grew its position in shares of Invesco S&P 500 Quality ETF by 1.9% during the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock worth $520,920,000 after buying an additional 141,687 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of Invesco S&P 500 Quality ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after buying an additional 393,229 shares during the period. FMR LLC grew its position in shares of Invesco S&P 500 Quality ETF by 4.5% during the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after buying an additional 184,895 shares during the period. Finally, Kovitz Investment Group Partners LLC grew its position in shares of Invesco S&P 500 Quality ETF by 10.4% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after buying an additional 197,353 shares during the period.

Invesco S&P 500 Quality ETF Trading Up 1.0 %

Invesco S&P 500 Quality ETF stock opened at $69.40 on Thursday. The business has a 50-day moving average of $69.02 and a 200-day moving average of $67.90. Invesco S&P 500 Quality ETF has a 1 year low of $57.17 and a 1 year high of $71.22. The firm has a market capitalization of $11.75 billion, a P/E ratio of 29.27 and a beta of 0.94.

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.