Mercer Global Advisors Inc. ADV Trims Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Mercer Global Advisors Inc. ADV lowered its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Get Rating) by 20.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,961 shares of the company’s stock after selling 4,310 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Invesco S&P 500 Quality ETF were worth $746,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPHQ. Avidian Wealth Solutions LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 1.1% during the 4th quarter. Avidian Wealth Solutions LLC now owns 21,893 shares of the company’s stock worth $963,000 after purchasing an additional 229 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Invesco S&P 500 Quality ETF by 4.2% during the 3rd quarter. D.A. Davidson & CO. now owns 6,036 shares of the company’s stock worth $240,000 after purchasing an additional 242 shares during the period. Pinnacle Bancorp Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 45.7% during the 4th quarter. Pinnacle Bancorp Inc. now owns 874 shares of the company’s stock worth $38,000 after purchasing an additional 274 shares during the period. Gradient Investments LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 42.6% during the 4th quarter. Gradient Investments LLC now owns 970 shares of the company’s stock worth $43,000 after purchasing an additional 290 shares during the period. Finally, Windsor Group LTD lifted its stake in shares of Invesco S&P 500 Quality ETF by 5.9% during the 3rd quarter. Windsor Group LTD now owns 5,250 shares of the company’s stock worth $215,000 after purchasing an additional 293 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $48.15 on Friday. Invesco S&P 500 Quality ETF has a fifty-two week low of $39.18 and a fifty-two week high of $48.34. The firm has a market cap of $4.76 billion, a PE ratio of 16.07 and a beta of 0.94. The business’s fifty day moving average is $47.00 and its two-hundred day moving average is $45.85.

About Invesco S&P 500 Quality ETF

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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.