Wealth Enhancement Advisory Services LLC cut its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 2.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,461,240 shares of the company’s stock after selling 179,348 shares during the quarter. Invesco S&P 500 Quality ETF makes up 0.9% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 18th largest position. Wealth Enhancement Advisory Services LLC owned about 3.76% of Invesco S&P 500 Quality ETF worth $538,030,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Tsfg LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 10.7% during the first quarter. Tsfg LLC now owns 232,271 shares of the company’s stock worth $15,409,000 after buying an additional 22,441 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 612.2% during the first quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after buying an additional 453 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $139,000. Northern Trust Corp grew its holdings in shares of Invesco S&P 500 Quality ETF by 4.6% during the fourth quarter. Northern Trust Corp now owns 14,924 shares of the company’s stock worth $1,000,000 after buying an additional 653 shares in the last quarter. Finally, Citadel Advisors LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 15.6% during the fourth quarter. Citadel Advisors LLC now owns 36,969 shares of the company’s stock worth $2,478,000 after buying an additional 4,982 shares in the last quarter.
Invesco S&P 500 Quality ETF Price Performance
Shares of NYSEARCA SPHQ opened at $72.86 on Thursday. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $73.24. The company has a 50-day simple moving average of $72.07 and a 200-day simple moving average of $69.20. The company has a market cap of $14.92 billion, a PE ratio of 25.36 and a beta of 0.94.
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.
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