Alpha Cubed Investments LLC Has $2.77 Million Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Alpha Cubed Investments LLC reduced its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 51,236 shares of the company’s stock after selling 683 shares during the period. Alpha Cubed Investments LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,771,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Jackson Wealth Management LLC increased its position in Invesco S&P 500 Quality ETF by 0.3% during the third quarter. Jackson Wealth Management LLC now owns 96,885 shares of the company’s stock worth $4,848,000 after acquiring an additional 243 shares during the period. Fidelity D & D Bancorp Inc. bought a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth about $2,977,000. Blue Trust Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at about $156,000. Cozad Asset Management Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 0.7% in the fourth quarter. Cozad Asset Management Inc. now owns 206,658 shares of the company’s stock valued at $11,176,000 after buying an additional 1,341 shares during the period. Finally, Prime Capital Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $461,000.

Invesco S&P 500 Quality ETF Trading Down 1.8 %

SPHQ traded down $1.04 on Tuesday, hitting $58.33. 790,976 shares of the stock traded hands, compared to its average volume of 1,044,129. The business has a fifty day moving average price of $59.22 and a two-hundred day moving average price of $55.32. The firm has a market capitalization of $8.55 billion, a PE ratio of 21.94 and a beta of 0.97. Invesco S&P 500 Quality ETF has a 52 week low of $46.73 and a 52 week high of $60.77.

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.