Assetmark Inc. Sells 58,512 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Assetmark Inc. Sells 58,512 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)


Assetmark Inc. reduced its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQFree Report) by 98.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,025 shares of the company’s stock after selling 58,512 shares during the period. Assetmark Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $55,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 4th quarter worth approximately $143,042,000. First Command Advisory Services Inc. lifted its stake in Invesco S&P 500 Quality ETF by 7.8% in the 3rd quarter. First Command Advisory Services Inc. now owns 13,822,335 shares of the company’s stock worth $691,620,000 after purchasing an additional 1,002,069 shares in the last quarter. UBS Group AG lifted its stake in Invesco S&P 500 Quality ETF by 107.3% in the 4th quarter. UBS Group AG now owns 1,274,193 shares of the company’s stock worth $68,908,000 after purchasing an additional 659,657 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Invesco S&P 500 Quality ETF by 38.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,147,557 shares of the company’s stock worth $116,140,000 after purchasing an additional 601,790 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in Invesco S&P 500 Quality ETF by 10.4% in the 3rd quarter. LPL Financial LLC now owns 5,552,952 shares of the company’s stock worth $277,870,000 after purchasing an additional 524,331 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $61.46 on Friday. Invesco S&P 500 Quality ETF has a 1 year low of $47.57 and a 1 year high of $62.02. The stock has a market capitalization of $9.19 billion, a PE ratio of 22.60 and a beta of 0.98. The company’s 50 day simple moving average is $59.89 and its two-hundred day simple moving average is $56.93.

Invesco S&P 500 Quality ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)



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