Lido Advisors LLC Sells 26,433 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Lido Advisors LLC trimmed its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 10.7% during the 4th quarter, HoldingsChannel reports. The fund owned 219,818 shares of the company’s stock after selling 26,433 shares during the quarter. Lido Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $14,734,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Bernard Wealth Management Corp. acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $26,000. Millstone Evans Group LLC bought a new position in Invesco S&P 500 Quality ETF in the fourth quarter worth $33,000. Briaud Financial Planning Inc acquired a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth $34,000. Luken Investment Analytics LLC bought a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at $40,000. Finally, Lee Danner & Bass Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at $40,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $65.34 on Tuesday. The firm has a market cap of $12.04 billion, a P/E ratio of 26.20 and a beta of 0.95. The firm’s 50-day simple moving average is $65.82 and its 200-day simple moving average is $67.47. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $71.22.

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.