Stonebridge Financial Planning Group LLC Has $5.63 Million Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Stonebridge Financial Planning Group LLC reduced its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,054 shares of the company’s stock after selling 11,342 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 3.2% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 4th largest position. Stonebridge Financial Planning Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $5,627,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Key Financial Inc increased its position in shares of Invesco S&P 500 Quality ETF by 3.0% during the fourth quarter. Key Financial Inc now owns 7,789 shares of the company’s stock valued at $421,000 after acquiring an additional 230 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 0.6% in the third quarter. Riggs Asset Managment Co. Inc. now owns 38,448 shares of the company’s stock worth $1,924,000 after purchasing an additional 238 shares during the last quarter. Jackson Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 0.3% during the third quarter. Jackson Wealth Management LLC now owns 96,885 shares of the company’s stock valued at $4,848,000 after purchasing an additional 243 shares in the last quarter. Stratos Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 1.6% during the third quarter. Stratos Wealth Advisors LLC now owns 15,651 shares of the company’s stock valued at $783,000 after buying an additional 250 shares during the last quarter. Finally, Keybank National Association OH increased its holdings in Invesco S&P 500 Quality ETF by 1.0% in the 3rd quarter. Keybank National Association OH now owns 27,198 shares of the company’s stock worth $1,361,000 after buying an additional 260 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Down 1.8 %

Shares of NYSEARCA SPHQ traded down $1.04 during trading on Tuesday, reaching $58.33. 790,993 shares of the company traded hands, compared to its average volume of 1,044,129. The stock has a market capitalization of $8.55 billion, a PE ratio of 21.94 and a beta of 0.97. The firm has a 50 day simple moving average of $59.22 and a 200-day simple moving average of $55.32. Invesco S&P 500 Quality ETF has a 52-week low of $46.73 and a 52-week high of $60.77.

About Invesco S&P 500 Quality ETF

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.