Ameritas Advisory Services LLC Sells 43,085 Shares of Invesco S&P 500 Quality ETF $SPHQ

Ameritas Advisory Services LLC reduced its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 70.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,794 shares of the company’s stock after selling 43,085 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,304,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in SPHQ. Ameriprise Financial Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 68.0% in the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after buying an additional 3,741,699 shares during the period. Vantagepoint Investment Advisers LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at $245,312,000. Raymond James Financial Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 61.2% during the 2nd quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock valued at $275,733,000 after acquiring an additional 1,469,187 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 56.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock valued at $212,016,000 after purchasing an additional 1,039,995 shares during the period. Finally, Compass Ion Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 1,614.2% in the 3rd quarter. Compass Ion Advisors LLC now owns 718,232 shares of the company’s stock worth $52,639,000 after purchasing an additional 676,332 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.8%

Shares of Invesco S&P 500 Quality ETF stock opened at $79.39 on Friday. The business has a fifty day simple moving average of $76.94 and a 200 day simple moving average of $74.43. The stock has a market cap of $16.22 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $80.58.

Invesco S&P 500 Quality ETF Company 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.