Beaumont Financial Advisors LLC cut its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 6.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,138 shares of the company’s stock after selling 214 shares during the period. Beaumont Financial Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $210,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the company. Redhawk Wealth Advisors Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 0.5% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 45,970 shares of the company’s stock valued at $3,081,000 after purchasing an additional 221 shares during the period. Stratos Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 1.4% in the third quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock valued at $1,082,000 after purchasing an additional 225 shares during the period. Huntington National Bank increased its holdings in shares of Invesco S&P 500 Quality ETF by 11.4% in the third quarter. Huntington National Bank now owns 2,428 shares of the company’s stock valued at $163,000 after purchasing an additional 249 shares during the period. Centaurus Financial Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 8.6% in the third quarter. Centaurus Financial Inc. now owns 3,198 shares of the company’s stock valued at $215,000 after purchasing an additional 253 shares during the period. Finally, Weaver Consulting Group increased its holdings in shares of Invesco S&P 500 Quality ETF by 1.1% in the fourth quarter. Weaver Consulting Group now owns 23,778 shares of the company’s stock valued at $1,594,000 after purchasing an additional 260 shares during the period.
Invesco S&P 500 Quality ETF Stock Performance
Shares of SPHQ stock opened at $69.67 on Friday. The stock’s 50-day simple moving average is $68.12 and its 200-day simple moving average is $66.63. The firm has a market capitalization of $10.41 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a fifty-two week low of $55.67 and a fifty-two week high of $69.97.
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.
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