Collier Financial Sells 101,590 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Collier Financial lessened its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 62.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,380 shares of the company’s stock after selling 101,590 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 3.4% of Collier Financial’s investment portfolio, making the stock its 8th largest position. Collier Financial’s holdings in Invesco S&P 500 Quality ETF were worth $4,006,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Brighton Jones LLC raised its position in shares of Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares during the period. Strategic Financial Concepts LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $695,000. Kingsview Wealth Management LLC grew its position in shares of Invesco S&P 500 Quality ETF by 30.1% during the 4th quarter. Kingsview Wealth Management LLC now owns 53,159 shares of the company’s stock worth $3,563,000 after purchasing an additional 12,288 shares in the last quarter. Moloney Securities Asset Management LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $468,000. Finally, Kestra Private Wealth Services LLC increased its stake in Invesco S&P 500 Quality ETF by 125.3% during the 4th quarter. Kestra Private Wealth Services LLC now owns 67,753 shares of the company’s stock worth $4,541,000 after acquiring an additional 37,683 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $70.98 on Tuesday. The stock has a market capitalization of $13.73 billion, a PE ratio of 27.61 and a beta of 0.95. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $71.61. The business has a fifty day moving average price of $66.62 and a two-hundred day moving average price of $67.83.

About Invesco S&P 500 Quality ETF

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.