Private Trust Co. NA Cuts Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Private Trust Co. NA trimmed its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,387 shares of the company’s stock after selling 1,955 shares during the period. Private Trust Co. NA’s holdings in Invesco S&P 500 Quality ETF were worth $2,573,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. First Command Advisory Services Inc. boosted its stake in Invesco S&P 500 Quality ETF by 0.9% in the fourth quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock valued at $833,466,000 after acquiring an additional 116,159 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth $809,000. Oppenheimer & Co. Inc. boosted its position in shares of Invesco S&P 500 Quality ETF by 68.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 15,316 shares of the company’s stock worth $1,027,000 after purchasing an additional 6,211 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in Invesco S&P 500 Quality ETF by 15.1% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 4,081 shares of the company’s stock worth $274,000 after buying an additional 534 shares during the last quarter. Finally, New York Life Investment Management LLC raised its stake in Invesco S&P 500 Quality ETF by 15.0% in the fourth quarter. New York Life Investment Management LLC now owns 59,227 shares of the company’s stock valued at $3,970,000 after buying an additional 7,726 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Down 1.2 %

Shares of Invesco S&P 500 Quality ETF stock opened at $69.28 on Friday. The firm’s 50 day simple moving average is $68.93 and its two-hundred day simple moving average is $67.74. The firm has a market capitalization of $11.72 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 12-month low of $57.17 and a 12-month high of $71.22.

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.