Invesco S&P 500 Quality ETF $SPHQ Holdings Cut by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. decreased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 38.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,193 shares of the company’s stock after selling 8,103 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,109,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF during the third quarter worth $649,488,000. Envestnet Asset Management Inc. raised its position in Invesco S&P 500 Quality ETF by 236.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock valued at $606,532,000 after purchasing an additional 4,733,411 shares during the period. Vantagepoint Investment Advisers LLC purchased a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at $269,341,000. Demars Financial Group LLC raised its position in Invesco S&P 500 Quality ETF by 5.8% in the third quarter. Demars Financial Group LLC now owns 776,231 shares of the company’s stock valued at $65,265,000 after purchasing an additional 42,593 shares during the period. Finally, Compass Ion Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at $65,102,000.

Invesco S&P 500 Quality ETF Trading Up 0.4%

Shares of NYSEARCA:SPHQ opened at $83.94 on Wednesday. The business has a 50-day moving average price of $84.82 and a 200 day moving average price of $82.58. The company has a market capitalization of $18.76 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 12-month low of $71.57 and a 12-month high of $90.36.

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