Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC trimmed its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.5% in the second quarter, HoldingsChannel.com reports. The fund owned 8,253 shares of the company’s stock after selling 210 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $588,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC increased its position in shares of Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after acquiring an additional 151 shares during the period. Gateway Wealth Partners LLC boosted its stake in Invesco S&P 500 Quality ETF by 2.8% in the first quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock valued at $368,000 after acquiring an additional 152 shares in the last quarter. Trek Financial LLC grew its stake in Invesco S&P 500 Quality ETF by 3.1% during the 1st quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock worth $377,000 after buying an additional 169 shares during the last quarter. Trivium Point Advisory LLC grew its position in shares of Invesco S&P 500 Quality ETF by 1.9% during the first quarter. Trivium Point Advisory LLC now owns 11,390 shares of the company’s stock worth $756,000 after acquiring an additional 217 shares during the last quarter. Finally, RVW Wealth LLC grew its position in Invesco S&P 500 Quality ETF by 0.7% during the 2nd quarter. RVW Wealth LLC now owns 32,848 shares of the company’s stock worth $2,341,000 after purchasing an additional 222 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.6%

Shares of SPHQ stock opened at $73.50 on Monday. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $74.45. The stock’s 50-day moving average price is $72.79 and its 200 day moving average price is $70.21. The stock has a market capitalization of $15.04 billion, a PE ratio of 25.36 and a beta of 0.94.

Invesco S&P 500 Quality ETF Company 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.