Ruggaard & Associates LLC reduced its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 4.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 140,244 shares of the company’s stock after selling 6,245 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 4.2% of Ruggaard & Associates LLC’s investment portfolio, making the stock its 8th biggest holding. Ruggaard & Associates LLC’s holdings in Invesco S&P 500 Quality ETF were worth $10,545,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of SPHQ. MTM Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth $26,000. Cassaday & Co Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF during the first quarter valued at $27,000. Bell Investment Advisors Inc purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter worth about $28,000. IFC & Insurance Marketing Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the 4th quarter worth about $29,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in Invesco S&P 500 Quality ETF in the 4th quarter worth about $33,000.
Invesco S&P 500 Quality ETF Trading Down 0.5%
Shares of NYSEARCA SPHQ opened at $84.67 on Friday. Invesco S&P 500 Quality ETF has a one year low of $70.40 and a one year high of $90.36. The business has a 50-day moving average price of $86.55 and a two-hundred day moving average price of $81.56. The firm has a market capitalization of $19.41 billion, a PE ratio of 25.36 and a beta of 0.90.
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.
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