5T Wealth LLC Sells 10,773 Shares of Invesco S&P 500 Quality ETF $SPHQ

5T Wealth LLC cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 39.5% during the 2nd quarter, Holdings Channel reports. The fund owned 16,496 shares of the company’s stock after selling 10,773 shares during the period. 5T Wealth LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,176,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC raised its position in Invesco S&P 500 Quality ETF by 4.0% in 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 raised its position 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 worth $368,000 after acquiring an additional 152 shares during the period. Bogart Wealth LLC raised its position in Invesco S&P 500 Quality ETF by 19.2% in the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after acquiring an additional 155 shares during the period. Trek Financial LLC raised its position in Invesco S&P 500 Quality ETF by 3.1% in the first quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock worth $377,000 after acquiring an additional 169 shares during the period. Finally, Trivium Point Advisory LLC raised its position in Invesco S&P 500 Quality ETF by 1.9% in 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 period.

Invesco S&P 500 Quality ETF Trading Down 0.1%

SPHQ opened at $74.06 on Friday. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $75.03. The company has a market capitalization of $15.10 billion, a PE ratio of 25.36 and a beta of 0.92. The firm’s 50 day simple moving average is $73.19 and its two-hundred day simple moving average is $71.08.

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.