Stonebridge Financial Planning Group LLC Sells 11,342 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Stonebridge Financial Planning Group LLC reduced its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,054 shares of the company’s stock after selling 11,342 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 3.2% of Stonebridge Financial Planning Group LLC’s portfolio, making the stock its 4th largest position. Stonebridge Financial Planning Group LLC owned about 0.10% of Invesco S&P 500 Quality ETF worth $5,627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of SPHQ. Key Financial Inc boosted its stake in Invesco S&P 500 Quality ETF by 3.0% in the fourth quarter. Key Financial Inc now owns 7,789 shares of the company’s stock worth $421,000 after purchasing an additional 230 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its position in Invesco S&P 500 Quality ETF by 0.6% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 38,448 shares of the company’s stock valued at $1,924,000 after acquiring an additional 238 shares in the last quarter. Jackson Wealth Management LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 0.3% in the third quarter. Jackson Wealth Management LLC now owns 96,885 shares of the company’s stock worth $4,848,000 after acquiring an additional 243 shares during the last quarter. Stratos Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 1.6% during the third quarter. Stratos Wealth Advisors LLC now owns 15,651 shares of the company’s stock worth $783,000 after purchasing an additional 250 shares in the last quarter. Finally, Keybank National Association OH grew its stake in shares of Invesco S&P 500 Quality ETF by 1.0% during the third quarter. Keybank National Association OH now owns 27,198 shares of the company’s stock valued at $1,361,000 after purchasing an additional 260 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ traded down $1.04 during mid-day trading on Tuesday, reaching $58.33. The stock had a trading volume of 790,993 shares, compared to its average volume of 1,044,129. The firm’s fifty day simple moving average is $59.22 and its two-hundred day simple moving average is $55.32. The stock has a market capitalization of $8.55 billion, a P/E ratio of 21.94 and a beta of 0.97. Invesco S&P 500 Quality ETF has a 52 week low of $46.73 and a 52 week high of $60.77.

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.