Kestra Private Wealth Services LLC Reduces Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Kestra Private Wealth Services LLC lessened its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 39.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,280 shares of the company’s stock after selling 6,029 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $502,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPHQ. Wolff Wiese Magana LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 105.8% in the 3rd quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock valued at $28,000 after purchasing an additional 291 shares during the period. Sound Income Strategies LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 149.6% in the 4th quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after purchasing an additional 347 shares during the period. GPS Wealth Strategies Group LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 275.6% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after purchasing an additional 485 shares during the period. Glass Jacobson Investment Advisors llc purchased a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $50,000. Finally, Halpern Financial Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $53,000.

Invesco S&P 500 Quality ETF Stock Up 1.1 %

SPHQ opened at $59.63 on Tuesday. The stock has a market cap of $8.74 billion, a PE ratio of 21.94 and a beta of 0.97. The business has a 50 day moving average of $59.30 and a 200-day moving average of $55.59. Invesco S&P 500 Quality ETF has a 52 week low of $47.00 and a 52 week high of $60.77.

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.