Tsfg LLC Cuts Stock Position in Invesco S&P 500 Quality ETF $SPHQ

Tsfg LLC lessened its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 23.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 155,091 shares of the company’s stock after selling 46,562 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 1.8% of Tsfg LLC’s investment portfolio, making the stock its 17th largest position. Tsfg LLC owned approximately 0.08% of Invesco S&P 500 Quality ETF worth $11,367,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Berkshire Money Management Inc. bought a new position in Invesco S&P 500 Quality ETF during the second quarter valued at about $28,000. Grey Fox Wealth Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF in the third quarter valued at about $47,000. Bogart Wealth LLC boosted its stake in Invesco S&P 500 Quality ETF by 19.2% in the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock valued at $69,000 after acquiring an additional 155 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $72,000. Finally, Private Wealth Asset Management LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $92,000.

Invesco S&P 500 Quality ETF Trading Up 1.6%

NYSEARCA:SPHQ opened at $78.64 on Tuesday. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $78.69. The firm’s 50 day moving average is $76.12 and its 200 day moving average is $74.02. The stock has a market capitalization of $16.04 billion, a PE ratio of 25.36 and a beta of 0.92.

Invesco S&P 500 Quality ETF Company 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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.