Jefferies Financial Group Inc. Cuts Stock Position in Invesco S&P 500 Quality ETF $SPHQ

Jefferies Financial Group Inc. decreased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 264,881 shares of the company’s stock after selling 18,077 shares during the period. Jefferies Financial Group Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $19,413,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SPHQ. Dunhill Financial LLC increased its holdings in Invesco S&P 500 Quality ETF by 10,060.0% in the 3rd quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock valued at $37,000 after purchasing an additional 503 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $47,000. Smartleaf Asset Management LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 197.3% in the third quarter. Smartleaf Asset Management LLC now owns 779 shares of the company’s stock worth $57,000 after buying an additional 517 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter worth about $72,000. Finally, Optiver Holding B.V. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $89,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $77.36 on Monday. The company has a market cap of $15.80 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $81.04. The business’s 50-day simple moving average is $78.18 and its 200 day simple moving average is $75.29.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.