International Assets Investment Management LLC Trims Stake in Invesco S&P 500 Quality ETF $SPHQ

International Assets Investment Management LLC lessened its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,701 shares of the company’s stock after selling 2,086 shares during the period. International Assets Investment Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,618,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Berkshire Money Management Inc. acquired a new position in Invesco S&P 500 Quality ETF in the second quarter valued at about $28,000. Independence Bank of Kentucky purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at approximately $33,000. Golden State Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 612.2% in the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after acquiring an additional 453 shares during the last quarter. Arlington Trust Co LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $36,000. Finally, Resources Management Corp CT ADV acquired a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $44,000.

Invesco S&P 500 Quality ETF Stock Up 0.6%

NYSEARCA:SPHQ opened at $73.50 on Monday. The stock’s fifty day moving average is $72.79 and its two-hundred day moving average is $70.21. Invesco S&P 500 Quality ETF has a 52 week low of $57.67 and a 52 week high of $74.45. The stock has a market capitalization of $15.04 billion, a price-to-earnings 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.