Concord Wealth Partners Sells 461 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Concord Wealth Partners lessened its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 116,858 shares of the company’s stock after selling 461 shares during the period. Invesco S&P 500 Quality ETF makes up about 1.3% of Concord Wealth Partners’ portfolio, making the stock its 20th largest holding. Concord Wealth Partners’ holdings in Invesco S&P 500 Quality ETF were worth $7,833,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SPHQ. Clear Creek Financial Management LLC boosted its position in Invesco S&P 500 Quality ETF by 17.8% in the fourth quarter. Clear Creek Financial Management LLC now owns 87,903 shares of the company’s stock valued at $5,892,000 after buying an additional 13,297 shares in the last quarter. Alta Wealth Advisors LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 2.0% during the 4th quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock valued at $644,000 after acquiring an additional 190 shares in the last quarter. Luken Investment Analytics LLC bought a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth $40,000. Capital Investment Advisory Services LLC increased its holdings in Invesco S&P 500 Quality ETF by 2.7% in the 4th quarter. Capital Investment Advisory Services LLC now owns 7,463 shares of the company’s stock worth $500,000 after purchasing an additional 193 shares in the last quarter. Finally, Gateway Wealth Partners LLC raised its position in Invesco S&P 500 Quality ETF by 2.8% in the fourth quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock valued at $362,000 after purchasing an additional 149 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.9 %

NYSEARCA:SPHQ opened at $69.76 on Friday. The stock’s 50-day moving average is $68.38 and its 200-day moving average is $66.84. The stock has a market cap of $10.43 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1-year low of $55.67 and a 1-year high of $70.69.

Invesco S&P 500 Quality ETF 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.