Evergreen Capital Management LLC Trims Stock Position in Invesco S&P 500 Quality ETF $SPHQ

Evergreen Capital Management LLC lowered its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 340,324 shares of the company’s stock after selling 9,460 shares during the period. Evergreen Capital Management LLC owned about 0.17% of Invesco S&P 500 Quality ETF worth $25,541,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ancora Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $35,000. Dunhill Financial LLC increased its position in shares of Invesco S&P 500 Quality ETF by 10,060.0% during the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after purchasing an additional 503 shares in the last quarter. Burkett Financial Services LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $37,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $47,000. Finally, First Horizon Corp increased its position in shares of Invesco S&P 500 Quality ETF by 127.9% during the fourth quarter. First Horizon Corp now owns 695 shares of the company’s stock worth $52,000 after purchasing an additional 390 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $80.47 on Tuesday. The business’s 50-day simple moving average is $78.04 and its 200-day simple moving average is $76.24. Invesco S&P 500 Quality ETF has a one year low of $61.02 and a one year high of $81.04. The stock has a market capitalization of $17.10 billion, a P/E ratio of 25.36 and a beta of 0.92.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.