Cresta Advisors Ltd. trimmed its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 18.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 198,193 shares of the company’s stock after selling 43,753 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 8.1% of Cresta Advisors Ltd.’s portfolio, making the stock its 4th largest holding. Cresta Advisors Ltd.’s holdings in Invesco S&P 500 Quality ETF were worth $16,664,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Virginia Estate & Retirement Planning Advisors Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at about $3,021,000. XY Planning Network Inc. boosted its holdings in Invesco S&P 500 Quality ETF by 8.9% in the 3rd quarter. XY Planning Network Inc. now owns 53,007 shares of the company’s stock valued at $4,457,000 after purchasing an additional 4,313 shares in the last quarter. Stonehearth Capital Management LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $1,292,000. Signal Advisors Wealth LLC boosted its holdings in Invesco S&P 500 Quality ETF by 17.7% in the 3rd quarter. Signal Advisors Wealth LLC now owns 5,447 shares of the company’s stock valued at $458,000 after purchasing an additional 820 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $263,000.
Invesco S&P 500 Quality ETF Trading Down 0.1%
NYSEARCA SPHQ opened at $85.43 on Wednesday. The stock has a market capitalization of $19.06 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The business’s 50 day moving average is $85.30 and its two-hundred day moving average is $84.21. Invesco S&P 500 Quality ETF has a 12-month low of $71.57 and a 12-month high of $90.36.
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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.
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