PNC Financial Services Group Inc. Has $73.12 Million Position in Invesco S&P 500 Quality ETF $SPHQ

PNC Financial Services Group Inc. reduced its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 16.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 974,212 shares of the company’s stock after selling 198,146 shares during the period. PNC Financial Services Group Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $73,115,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Ausdal Financial Partners Inc. grew 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 purchasing an additional 27,003 shares in the last quarter. Focus Partners Advisor Solutions LLC grew its position 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 valued at $742,000 after purchasing an additional 7,092 shares in the last quarter. Alpine Bank Wealth Management grew its position in Invesco S&P 500 Quality ETF by 1.3% during the fourth quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock valued at $41,657,000 after purchasing an additional 7,296 shares in the last quarter. Demars Financial Group LLC grew its position in Invesco S&P 500 Quality ETF by 4.6% during the fourth quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock valued at $48,004,000 after purchasing an additional 28,275 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its position in Invesco S&P 500 Quality ETF by 44.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 42,599 shares of the company’s stock valued at $3,197,000 after purchasing an additional 13,025 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.6%

Shares of NYSEARCA:SPHQ opened at $83.70 on Friday. Invesco S&P 500 Quality ETF has a 1 year low of $68.68 and a 1 year high of $83.91. The business has a fifty day simple moving average of $78.95 and a 200 day simple moving average of $77.40. The firm has a market cap of $17.82 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91.

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