Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Montag A & Associates Inc.

Montag A & Associates Inc. lowered its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 70,906 shares of the company’s stock after selling 1,115 shares during the quarter. Montag A & Associates Inc. owned approximately 0.07% of Invesco S&P 500 Quality ETF worth $3,835,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Raymond James & Associates lifted its holdings in shares of Invesco S&P 500 Quality ETF by 7.0% during the 3rd quarter. Raymond James & Associates now owns 244,557 shares of the company’s stock valued at $12,238,000 after acquiring an additional 16,084 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth $72,530,000. Brown Advisory Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth about $319,000. Brighton Jones LLC increased its position in shares of Invesco S&P 500 Quality ETF by 13.4% in the 3rd quarter. Brighton Jones LLC now owns 4,524 shares of the company’s stock worth $226,000 after purchasing an additional 536 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 167.8% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 18,749 shares of the company’s stock worth $938,000 after purchasing an additional 11,749 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ traded up $0.11 during trading on Thursday, reaching $59.88. 1,133,997 shares of the company’s stock traded hands, compared to its average volume of 1,036,053. The company has a 50 day moving average of $59.38 and a 200-day moving average of $55.72. The stock has a market capitalization of $8.78 billion, a P/E ratio of 21.94 and a beta of 0.97. Invesco S&P 500 Quality ETF has a 12 month low of $47.00 and a 12 month high of $60.77.

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.