Janney Montgomery Scott LLC Sells 830 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Janney Montgomery Scott LLC cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,093 shares of the company’s stock after selling 830 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,224,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of Montreal Can grew its stake in shares of Invesco S&P 500 Quality ETF by 47.5% in the 2nd quarter. Bank of Montreal Can now owns 14,081 shares of the company’s stock valued at $900,000 after buying an additional 4,537 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 10.5% during the second quarter. NewEdge Advisors LLC now owns 41,566 shares of the company’s stock valued at $2,641,000 after acquiring an additional 3,940 shares in the last quarter. Truist Financial Corp raised its position in shares of Invesco S&P 500 Quality ETF by 7.6% during the second quarter. Truist Financial Corp now owns 239,270 shares of the company’s stock worth $15,203,000 after purchasing an additional 16,798 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth $796,000. Finally, Centaurus Financial Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $187,000.

Invesco S&P 500 Quality ETF Trading Down 0.9 %

SPHQ opened at $69.76 on Friday. The company has a market cap of $10.43 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The company’s fifty day moving average price is $68.38 and its two-hundred day moving average price is $66.84. Invesco S&P 500 Quality ETF has a 1-year low of $55.67 and a 1-year high of $70.69.

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.