Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lessened its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 34.0% during the fourth quarter, Holdings Channel reports. The firm owned 6,982 shares of the company’s stock after selling 3,603 shares during the period. Sigma Planning Corp’s holdings in Invesco S&P 500 Quality ETF were worth $378,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Wolff Wiese Magana LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 105.8% in the 3rd quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock valued at $28,000 after purchasing an additional 291 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 149.6% during the 4th quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after acquiring an additional 347 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 275.6% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after acquiring an additional 485 shares in the last quarter. Glass Jacobson Investment Advisors llc acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at $50,000. Finally, Halpern Financial Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at $53,000.

Invesco S&P 500 Quality ETF Trading Up 1.4 %

NYSEARCA:SPHQ opened at $59.38 on Friday. The firm has a market capitalization of $8.61 billion, a price-to-earnings ratio of 21.97 and a beta of 0.96. The firm’s fifty day simple moving average is $59.14 and its 200 day simple moving average is $55.13. Invesco S&P 500 Quality ETF has a twelve month low of $46.73 and a twelve month high of $60.77.

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.