Invesco S&P 500 Quality ETF $SPHQ Stock Sold by First Command Advisory Services Inc.

First Command Advisory Services Inc. cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 40.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 679,545 shares of the company’s stock after selling 466,815 shares during the period. Invesco S&P 500 Quality ETF makes up approximately 0.3% of First Command Advisory Services Inc.’s investment portfolio, making the stock its 22nd largest position. First Command Advisory Services Inc. owned about 0.30% of Invesco S&P 500 Quality ETF worth $57,136,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Tompkins Financial Corp bought a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $25,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter valued at approximately $27,000. William Mack & Associates Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $34,000. Family Capital Trust Co acquired a new stake in Invesco S&P 500 Quality ETF during the third quarter worth approximately $42,000. Finally, Silver Grove Financial Group Inc. grew its position in Invesco S&P 500 Quality ETF by 686.6% during the third quarter. Silver Grove Financial Group Inc. now owns 527 shares of the company’s stock worth $44,000 after buying an additional 460 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $85.03 on Thursday. The stock’s fifty day moving average price is $84.28 and its two-hundred day moving average price is $82.93. Invesco S&P 500 Quality ETF has a one year low of $71.57 and a one year high of $90.36. The firm has a market cap of $19.02 billion, a PE ratio of 25.36 and a beta of 0.91.

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.