Montag A & Associates Inc. Has $3.84 Million Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Montag A & Associates Inc. lessened its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.5% in the fourth quarter, HoldingsChannel reports. The fund owned 70,906 shares of the company’s stock after selling 1,115 shares during the quarter. Montag A & Associates Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $3,835,000 as of its most recent SEC filing.

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

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock traded up $0.11 on Thursday, hitting $59.88. The stock had a trading volume of 1,133,997 shares, compared to its average volume of 1,036,053. Invesco S&P 500 Quality ETF has a 12-month low of $47.00 and a 12-month high of $60.77. The stock has a market cap of $8.78 billion, a price-to-earnings ratio of 21.94 and a beta of 0.97. The business has a 50 day moving average of $59.38 and a 200 day moving average of $55.72.

Invesco S&P 500 Quality ETF 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.