Invesco S&P 500 Quality ETF $SPHQ Shares Sold by IFG Advisory LLC

IFG Advisory LLC trimmed its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 93,929 shares of the company’s stock after selling 6,608 shares during the period. IFG Advisory LLC’s holdings in Invesco S&P 500 Quality ETF were worth $7,898,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Rasp Wealth Solutions LLC lifted its holdings in Invesco S&P 500 Quality ETF by 2.6% in the 3rd quarter. Rasp Wealth Solutions LLC now owns 44,433 shares of the company’s stock worth $3,736,000 after purchasing an additional 1,131 shares during the last quarter. Collier Financial boosted its position in Invesco S&P 500 Quality ETF by 0.9% during the third quarter. Collier Financial now owns 49,818 shares of the company’s stock worth $4,189,000 after purchasing an additional 428 shares during the period. Money Concepts Capital Corp bought a new stake in Invesco S&P 500 Quality ETF during the third quarter worth approximately $7,109,000. Allworth Financial LP grew its holdings in Invesco S&P 500 Quality ETF by 2.5% during the third quarter. Allworth Financial LP now owns 117,207 shares of the company’s stock valued at $10,560,000 after purchasing an additional 2,818 shares during the last quarter. Finally, Fisher Asset Management LLC acquired a new position in Invesco S&P 500 Quality ETF during the third quarter valued at approximately $239,000.

Invesco S&P 500 Quality ETF Stock Down 0.5%

Shares of NYSEARCA:SPHQ traded down $0.42 during trading on Friday, reaching $83.93. The stock had a trading volume of 1,222,268 shares, compared to its average volume of 1,594,298. Invesco S&P 500 Quality ETF has a 52 week low of $71.57 and a 52 week high of $90.36. The firm has a market capitalization of $18.80 billion, a price-to-earnings ratio of 23.64 and a beta of 0.91. The stock has a fifty day simple moving average of $84.25 and a two-hundred day simple moving average of $82.99.

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.