78,110 Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 83.9% in the third quarter, HoldingsChannel.com reports. The fund owned 14,952 shares of the company’s stock after selling 78,110 shares during the period. Cadent Capital Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,257,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of SPHQ. Envestnet Asset Management Inc. grew its stake in Invesco S&P 500 Quality ETF by 236.9% in the 2nd 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. Independence Asset Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth $73,856,000. Rockefeller Capital Management L.P. raised its stake in shares of Invesco S&P 500 Quality ETF by 440.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 657,603 shares of the company’s stock worth $49,353,000 after purchasing an additional 535,929 shares during the period. Union Savings Bank purchased a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth about $36,173,000. Finally, Kestra Advisory Services LLC grew its position in Invesco S&P 500 Quality ETF by 363.1% during the first quarter. Kestra Advisory Services LLC now owns 455,118 shares of the company’s stock valued at $34,220,000 after buying an additional 356,849 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock traded up $0.26 during mid-day trading on Friday, hitting $85.75. The company had a trading volume of 371,099 shares, compared to its average volume of 1,616,540. The firm has a market cap of $19.02 billion, a PE 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. The stock’s fifty day moving average price is $85.31 and its two-hundred day moving average price is $84.01.

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.