World Investment Advisors Sells 2,193 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

by · The Cerbat Gem

World Investment Advisors lessened its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 17.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,318 shares of the company’s stock after selling 2,193 shares during the period. World Investment Advisors’ holdings in Invesco S&P 500 Quality ETF were worth $692,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. First Command Advisory Services Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 0.9% in the fourth quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock valued at $833,466,000 after acquiring an additional 116,159 shares during the period. LPL Financial LLC raised its position in Invesco S&P 500 Quality ETF by 12.6% in the 4th quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock worth $584,389,000 after purchasing an additional 974,609 shares during the period. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 5.4% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after purchasing an additional 393,229 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Invesco S&P 500 Quality ETF by 2.3% during the fourth quarter. Bank of New York Mellon Corp now owns 1,894,097 shares of the company’s stock valued at $126,961,000 after buying an additional 43,146 shares during the period. Finally, Sfmg LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 0.4% during the fourth quarter. Sfmg LLC now owns 1,645,373 shares of the company’s stock valued at $110,289,000 after buying an additional 6,867 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $60.26 on Monday. The stock has a 50 day moving average price of $68.45 and a 200 day moving average price of $67.99. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-week high of $71.22. The firm has a market capitalization of $10.69 billion, a P/E ratio of 26.90 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.2014 per share. This is a positive change from Invesco S&P 500 Quality ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, March 24th.

Invesco S&P 500 Quality ETF Company Profile

(Free Report)

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.

Further Reading

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