Private Trust Co. NA Reduces Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Private Trust Co. NA decreased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,817 shares of the company’s stock after selling 290 shares during the period. Private Trust Co. NA’s holdings in Invesco S&P 500 Quality ETF were worth $2,527,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SPHQ. Woodmont Investment Counsel LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the first quarter worth about $25,000. Glassman Wealth Services lifted its stake in shares of Invesco S&P 500 Quality ETF by 121.7% during the fourth quarter. Glassman Wealth Services now owns 510 shares of the company’s stock worth $28,000 after purchasing an additional 280 shares in the last quarter. Sound Income Strategies LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 149.6% during the fourth quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock worth $31,000 after purchasing an additional 347 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 275.6% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock worth $36,000 after purchasing an additional 485 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc acquired a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth about $50,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ traded down $0.11 during trading on Thursday, hitting $61.33. The company’s stock had a trading volume of 1,134,226 shares, compared to its average volume of 996,711. Invesco S&P 500 Quality ETF has a fifty-two week low of $47.00 and a fifty-two week high of $62.02. The stock’s 50-day moving average price is $59.71 and its two-hundred day moving average price is $56.55. The company has a market capitalization of $9.17 billion, a PE ratio of 22.60 and a beta of 0.98.

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.