GC Wealth Management RIA LLC Sells 5,312 Shares of Invesco S&P 500 Quality ETF $SPHQ

GC Wealth Management RIA LLC lessened its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 57,505 shares of the company’s stock after selling 5,312 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,098,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC bought a new stake in Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $33,000. Independence Bank of Kentucky bought a new stake in shares of Invesco S&P 500 Quality ETF during the second quarter valued at approximately $33,000. Golden State Wealth Management LLC raised its position in shares of Invesco S&P 500 Quality ETF by 612.2% during the first quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after buying an additional 453 shares during the last quarter. Arlington Trust Co LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter valued at approximately $36,000. Finally, Resources Management Corp CT ADV bought a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at $44,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $72.73 on Monday. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $73.79. The firm’s fifty day moving average is $72.31 and its two-hundred day moving average is $69.48. The company has a market cap of $14.89 billion, a P/E ratio of 25.36 and a beta of 0.94.

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.