Western Wealth Management LLC Sells 684 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Western Wealth Management LLC reduced its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,696 shares of the company’s stock after selling 684 shares during the quarter. Western Wealth Management LLC owned about 0.05% of Invesco S&P 500 Quality ETF worth $2,958,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPHQ. Sunbelt Securities Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at about $25,000. Wolff Wiese Magana LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 105.8% in the 3rd quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock valued at $28,000 after acquiring an additional 291 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Invesco S&P 500 Quality ETF by 85.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 566 shares of the company’s stock valued at $29,000 after acquiring an additional 260 shares during the last quarter. Armstrong Advisory Group Inc. increased its stake in shares of Invesco S&P 500 Quality ETF by 771.8% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 619 shares of the company’s stock valued at $31,000 after acquiring an additional 548 shares during the last quarter. Finally, Sound Income Strategies LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 149.6% in the 4th quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after acquiring an additional 347 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.3 %

Shares of SPHQ stock traded down $0.19 on Thursday, reaching $58.00. The company had a trading volume of 1,109,870 shares, compared to its average volume of 1,051,112. The stock has a market cap of $8.41 billion, a PE ratio of 21.97 and a beta of 0.96. The company has a 50-day moving average of $59.05 and a 200-day moving average of $54.82. Invesco S&P 500 Quality ETF has a 12 month low of $46.71 and a 12 month high of $60.77.

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.