Strategic Investment Advisors MI Sells 8,771 Shares of Invesco S&P 500 Quality ETF $SPHQ

Strategic Investment Advisors MI cut its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 94.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 505 shares of the company’s stock after selling 8,771 shares during the period. Strategic Investment Advisors MI’s holdings in Invesco S&P 500 Quality ETF were worth $37,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its stake in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares in the last quarter. Fragasso Financial Advisors Inc grew its position in Invesco S&P 500 Quality ETF by 0.5% in the third quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after acquiring an additional 157 shares in the last quarter. Brown Advisory Inc. increased its stake in Invesco S&P 500 Quality ETF by 1.1% during the second quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock worth $1,107,000 after acquiring an additional 166 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in Invesco S&P 500 Quality ETF by 0.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after purchasing an additional 168 shares during the period. Finally, Symphony Financial Services Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 1.6% in the 3rd quarter. Symphony Financial Services Inc. now owns 11,190 shares of the company’s stock valued at $820,000 after purchasing an additional 177 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $75.99 on Friday. The business’s 50 day moving average price is $78.34 and its 200-day moving average price is $75.53. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $81.04. The company has a market cap of $15.52 billion, a P/E 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.