Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Nikulski Financial Inc.

Nikulski Financial Inc. lessened its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 31.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 100,765 shares of the company’s stock after selling 47,284 shares during the period. Invesco S&P 500 Quality ETF makes up 1.8% of Nikulski Financial Inc.’s portfolio, making the stock its 12th biggest position. Nikulski Financial Inc. owned about 0.05% of Invesco S&P 500 Quality ETF worth $7,562,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPHQ. Baird Financial Group Inc. increased its position in Invesco S&P 500 Quality ETF by 458.9% during the 2nd quarter. Baird Financial Group Inc. now owns 208,184 shares of the company’s stock worth $14,835,000 after purchasing an additional 170,936 shares in the last quarter. Ausdal Financial Partners Inc. lifted its position in Invesco S&P 500 Quality ETF by 187.2% during the third quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock valued at $3,036,000 after buying an additional 27,003 shares in the last quarter. Focus Partners Advisor Solutions LLC grew its stake in Invesco S&P 500 Quality ETF by 235.2% during the third quarter. Focus Partners Advisor Solutions LLC now owns 10,107 shares of the company’s stock worth $742,000 after buying an additional 7,092 shares during the period. CW Advisors LLC grew its stake in Invesco S&P 500 Quality ETF by 72.8% during the second quarter. CW Advisors LLC now owns 17,122 shares of the company’s stock worth $1,220,000 after buying an additional 7,216 shares during the period. Finally, Redhawk Wealth Advisors Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 14.8% in the third quarter. Redhawk Wealth Advisors Inc. now owns 53,100 shares of the company’s stock worth $3,892,000 after acquiring an additional 6,850 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Up 2.4%

Shares of SPHQ stock opened at $75.19 on Wednesday. The company’s fifty day simple moving average is $78.00 and its 200-day simple moving average is $75.74. Invesco S&P 500 Quality ETF has a 52 week low of $57.67 and a 52 week high of $81.04. The company has a market cap of $15.36 billion, a PE ratio of 25.36 and a beta of 0.92.

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