Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Stock Position Cut by Burns J W & Co. Inc. NY

Burns J W & Co. Inc. NY trimmed its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,071 shares of the company’s stock after selling 355 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in Invesco S&P 500 Quality ETF were worth $2,150,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Jane Street Group LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $1,273,000. JPMorgan Chase & Co. grew its position in Invesco S&P 500 Quality ETF by 7.1% in the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after buying an additional 14,481 shares during the last quarter. Clarius Group LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 18.7% in the third quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after buying an additional 750 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at $796,000. Finally, ACT Advisors LLC. boosted its stake in shares of Invesco S&P 500 Quality ETF by 2.3% during the 3rd quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock worth $19,300,000 after acquiring an additional 6,397 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ traded up $0.20 on Monday, hitting $66.34. 875,979 shares of the company were exchanged, compared to its average volume of 1,103,513. The company’s 50 day moving average price is $68.09 and its 200-day moving average price is $66.41. The firm has a market capitalization of $9.91 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a twelve month low of $53.81 and a twelve month high of $69.97.

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.