Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Holdings Decreased by Maltin Wealth Management Inc.

Maltin Wealth Management Inc. reduced its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 11.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,269 shares of the company’s stock after selling 551 shares during the quarter. Maltin Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $258,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC raised its position in Invesco S&P 500 Quality ETF by 20.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,978,220 shares of the company’s stock worth $421,624,000 after acquiring an additional 1,183,904 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,493,947 shares of the company’s stock worth $188,953,000 after buying an additional 178,554 shares during the period. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth about $143,042,000. Wells Fargo & Company MN raised its holdings in Invesco S&P 500 Quality ETF by 38.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,147,557 shares of the company’s stock worth $116,140,000 after buying an additional 601,790 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in Invesco S&P 500 Quality ETF by 15.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,847,396 shares of the company’s stock worth $92,469,000 after buying an additional 247,743 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.1 %

NYSEARCA:SPHQ traded down $0.05 on Friday, hitting $63.76. 343,091 shares of the company’s stock traded hands, compared to its average volume of 970,398. Invesco S&P 500 Quality ETF has a 1 year low of $47.72 and a 1 year high of $65.57. The firm has a 50-day moving average price of $61.43 and a 200-day moving average price of $58.55. The company has a market cap of $9.53 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.