Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Madison Asset Management LLC

Madison Asset Management LLC trimmed its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,362,392 shares of the company’s stock after selling 86,577 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 1.2% of Madison Asset Management LLC’s holdings, making the stock its 23rd largest holding. Madison Asset Management LLC owned about 0.67% of Invesco S&P 500 Quality ETF worth $102,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the company. World Investment Advisors increased its holdings in Invesco S&P 500 Quality ETF by 2.0% in the fourth quarter. World Investment Advisors now owns 24,612 shares of the company’s stock valued at $1,829,000 after buying an additional 474 shares during the last quarter. Rollins Financial Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 4.1% during the 4th quarter. Rollins Financial Advisors LLC now owns 268,933 shares of the company’s stock worth $20,183,000 after acquiring an additional 10,715 shares in the last quarter. Win Advisors Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth about $1,011,000. Money Concepts Capital Corp raised its position in shares of Invesco S&P 500 Quality ETF by 25.3% during the 4th quarter. Money Concepts Capital Corp now owns 50,323 shares of the company’s stock worth $3,777,000 after acquiring an additional 10,164 shares in the last quarter. Finally, Nwam LLC lifted its stake in Invesco S&P 500 Quality ETF by 6.4% during the fourth quarter. Nwam LLC now owns 11,145 shares of the company’s stock worth $861,000 after purchasing an additional 675 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.5%

Shares of Invesco S&P 500 Quality ETF stock opened at $82.59 on Wednesday. Invesco S&P 500 Quality ETF has a 52 week low of $68.68 and a 52 week high of $83.08. The firm’s 50 day moving average is $78.38 and its two-hundred day moving average is $76.98. The firm has a market capitalization of $17.58 billion, a P/E ratio of 25.36 and a beta of 0.91.

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.