Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Optivise Advisory Services LLC

Optivise Advisory Services LLC lowered its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 84.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,372 shares of the company’s stock after selling 23,574 shares during the period. Optivise Advisory Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $293,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SPHQ. Bernard Wealth Management Corp. acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at $26,000. Millstone Evans Group LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $33,000. Briaud Financial Planning Inc purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $34,000. Luken Investment Analytics LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $40,000. Finally, Lee Danner & Bass Inc. purchased a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth about $40,000.

Invesco S&P 500 Quality ETF Trading Up 0.5 %

Shares of SPHQ opened at $63.00 on Monday. The stock’s 50 day moving average is $66.64 and its two-hundred day moving average is $67.59. Invesco S&P 500 Quality ETF has a twelve month low of $57.17 and a twelve month high of $71.22. The firm has a market capitalization of $11.61 billion, a PE ratio of 26.20 and a beta of 0.95.

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.