Jefferies Financial Group Inc. Cuts Holdings in Invesco S&P 500 Quality ETF $SPHQ

Jefferies Financial Group Inc. lowered its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 264,881 shares of the company’s stock after selling 18,077 shares during the quarter. Jefferies Financial Group Inc. owned 0.13% of Invesco S&P 500 Quality ETF worth $19,413,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after acquiring an additional 151 shares during the last quarter. Fragasso Financial Advisors Inc raised its holdings in shares of Invesco S&P 500 Quality ETF by 0.5% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after purchasing an additional 157 shares during the period. Brown Advisory Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 1.1% in the 2nd quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock valued at $1,107,000 after purchasing an additional 166 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 0.5% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after purchasing an additional 168 shares in the last quarter. Finally, Symphony Financial Services Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF by 1.6% during the 3rd quarter. Symphony Financial Services Inc. now owns 11,190 shares of the company’s stock worth $820,000 after purchasing an additional 177 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $77.36 on Monday. The firm has a 50 day moving average price of $78.18 and a 200 day moving average price of $75.29. The company has a market cap of $15.80 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $81.04.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.