Consolidated Planning Corp Sells 10,641 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Consolidated Planning Corp reduced its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 11.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 84,043 shares of the company’s stock after selling 10,641 shares during the quarter. Consolidated Planning Corp owned about 0.08% of Invesco S&P 500 Quality ETF worth $4,545,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SPHQ. International Assets Investment Management LLC bought a new stake in Invesco S&P 500 Quality ETF in the fourth quarter worth approximately $143,042,000. Bank of New York Mellon Corp acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $72,530,000. First Command Advisory Services Inc. grew its stake in Invesco S&P 500 Quality ETF by 7.8% in the third quarter. First Command Advisory Services Inc. now owns 13,822,335 shares of the company’s stock valued at $691,620,000 after acquiring an additional 1,002,069 shares during the period. Corient Private Wealth LLC grew its stake in Invesco S&P 500 Quality ETF by 125.4% in the third quarter. Corient Private Wealth LLC now owns 1,233,177 shares of the company’s stock valued at $61,708,000 after acquiring an additional 686,116 shares during the period. Finally, LPL Financial LLC grew its stake in Invesco S&P 500 Quality ETF by 10.4% in the third quarter. LPL Financial LLC now owns 5,552,952 shares of the company’s stock valued at $277,870,000 after acquiring an additional 524,331 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock traded up $0.83 during mid-day trading on Friday, reaching $59.38. The stock had a trading volume of 1,397,807 shares, compared to its average volume of 1,050,819. Invesco S&P 500 Quality ETF has a fifty-two week low of $46.73 and a fifty-two week high of $60.77. The stock’s 50-day simple moving average is $59.14 and its 200-day simple moving average is $55.13. The firm has a market capitalization of $8.61 billion, a PE ratio of 21.97 and a beta of 0.96.

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.