Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. trimmed its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 10.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 379,185 shares of the company’s stock after selling 46,045 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $28,458,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPHQ. Ameriprise Financial Inc. grew its holdings in Invesco S&P 500 Quality ETF by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after acquiring an additional 3,741,699 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in Invesco S&P 500 Quality ETF during the third quarter worth about $245,312,000. Raymond James Financial Inc. grew its holdings in Invesco S&P 500 Quality ETF by 61.2% during the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after acquiring an additional 1,469,187 shares during the period. Envestnet Asset Management Inc. grew its holdings in Invesco S&P 500 Quality ETF by 56.1% during the third quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock worth $212,016,000 after acquiring an additional 1,039,995 shares during the period. Finally, Sequoia Financial Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 2,247.1% during the fourth quarter. Sequoia Financial Advisors LLC now owns 561,746 shares of the company’s stock worth $42,159,000 after acquiring an additional 537,812 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.1%

Invesco S&P 500 Quality ETF stock opened at $82.63 on Tuesday. The firm has a market cap of $17.59 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 52 week low of $68.68 and a 52 week high of $83.37. The business’s 50-day moving average price is $78.64 and its 200 day moving average price is $77.21.

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.