Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC lowered its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 37.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,497 shares of the company’s stock after selling 20,103 shares during the period. Arete Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,517,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC lifted its stake in Invesco S&P 500 Quality ETF by 4.5% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock valued at $238,000 after acquiring an additional 136 shares during the period. Compound Planning Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 1.0% in the 4th quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock valued at $1,092,000 after acquiring an additional 138 shares during the last quarter. World Investment Advisors increased its stake in shares of Invesco S&P 500 Quality ETF by 0.6% in the first quarter. World Investment Advisors now owns 24,754 shares of the company’s stock worth $1,861,000 after acquiring an additional 142 shares during the period. Latitude Advisors LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 3.0% in the fourth quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock worth $379,000 after acquiring an additional 148 shares during the period. Finally, Brighton Jones LLC raised its holdings in shares of 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 worth $265,000 after purchasing an additional 151 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $84.67 on Friday. The company has a market capitalization of $19.41 billion, a PE ratio of 25.36 and a beta of 0.90. The company has a fifty day moving average of $86.55 and a 200 day moving average of $81.56. Invesco S&P 500 Quality ETF has a 1 year low of $70.40 and a 1 year high of $90.36.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.