Lmcg Investments LLC Trims Stock Holdings in Invesco S&P 500 Quality ETF $SPHQ

Lmcg Investments LLC decreased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 12.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,236 shares of the company’s stock after selling 6,544 shares during the period. Lmcg Investments LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,295,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Beacon Bridge Wealth Partners LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 10.3% in the second quarter. Beacon Bridge Wealth Partners LLC now owns 10,174 shares of the company’s stock worth $725,000 after purchasing an additional 950 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Invesco S&P 500 Quality ETF by 451.9% in the second quarter. IFP Advisors Inc now owns 36,415 shares of the company’s stock worth $2,595,000 after purchasing an additional 29,817 shares in the last quarter. Blair William & Co. IL increased its stake in shares of Invesco S&P 500 Quality ETF by 22.1% in the second quarter. Blair William & Co. IL now owns 222,150 shares of the company’s stock worth $15,830,000 after purchasing an additional 40,192 shares in the last quarter. Mainstay Capital Management LLC ADV grew its stake in Invesco S&P 500 Quality ETF by 100.8% during the second quarter. Mainstay Capital Management LLC ADV now owns 1,345,602 shares of the company’s stock valued at $95,888,000 after acquiring an additional 675,521 shares in the last quarter. Finally, Beaumont Asset Management L.L.C. grew its stake in Invesco S&P 500 Quality ETF by 52.2% during the second quarter. Beaumont Asset Management L.L.C. now owns 112,901 shares of the company’s stock valued at $8,045,000 after acquiring an additional 38,702 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 1.8%

Shares of NYSEARCA:SPHQ opened at $72.21 on Friday. The company has a 50 day moving average of $72.61 and a 200 day moving average of $69.91. The stock has a market cap of $14.79 billion, a P/E ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $74.45.

Invesco S&P 500 Quality ETF Profile

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.