Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp decreased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,332,764 shares of the company’s stock after selling 23,988 shares during the period. Invesco S&P 500 Quality ETF makes up approximately 1.1% of Fifth Third Bancorp’s holdings, making the stock its 18th largest position. Fifth Third Bancorp’s holdings in Invesco S&P 500 Quality ETF were worth $290,425,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Quality ETF during the third quarter worth about $34,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $38,000. Blue Trust Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $43,000. VitalStone Financial LLC grew its holdings in Invesco S&P 500 Quality ETF by 178.8% during the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after acquiring an additional 522 shares during the period. Finally, Arrow Financial Corp acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at $106,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $69.41 on Friday. The company’s fifty day moving average is $68.17 and its two-hundred day moving average is $66.66. The firm has a market capitalization of $10.37 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a one year low of $55.67 and a one year high of $69.97.

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.