Nwam LLC Has $850,000 Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Nwam LLC trimmed its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 16.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,685 shares of the company’s stock after selling 2,503 shares during the quarter. Nwam LLC’s holdings in Invesco S&P 500 Quality ETF were worth $850,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in Invesco S&P 500 Quality ETF by 1.9% during the third quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock valued at $520,920,000 after purchasing an additional 141,687 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 5.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after acquiring an additional 393,229 shares in the last quarter. FMR LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 4.5% in the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock worth $286,796,000 after acquiring an additional 184,895 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 10.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,093,687 shares of the company’s stock worth $140,888,000 after acquiring an additional 197,353 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Invesco S&P 500 Quality ETF by 2.3% in the 4th quarter. Bank of New York Mellon Corp now owns 1,894,097 shares of the company’s stock worth $126,961,000 after acquiring an additional 43,146 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ opened at $70.29 on Friday. The company has a market capitalization of $11.90 billion, a P/E ratio of 29.27 and a beta of 0.94. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22. The business’s 50 day simple moving average is $68.93 and its 200-day simple moving average is $67.74.

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.