Fiduciary Alliance LLC Reduces Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Fiduciary Alliance LLC trimmed its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,922 shares of the company’s stock after selling 637 shares during the quarter. Fiduciary Alliance LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,536,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth $34,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $38,000. Blue Trust Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter worth about $43,000. VitalStone Financial LLC increased its holdings in Invesco S&P 500 Quality ETF by 178.8% during the 3rd quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after purchasing an additional 522 shares during the period. Finally, Arrow Financial Corp bought a new position in Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $106,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $66.34 on Tuesday. Invesco S&P 500 Quality ETF has a fifty-two week low of $53.81 and a fifty-two week high of $69.97. The firm has a market cap of $9.91 billion, a P/E ratio of 22.60 and a beta of 0.98. The business’s 50 day moving average price is $68.09 and its 200-day moving average price is $66.41.

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.