Prime Capital Investment Advisors LLC Has $231,000 Position in Invesco S&P 500 Quality ETF $SPHQ

Prime Capital Investment Advisors LLC lowered its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 54.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,238 shares of the company’s stock after selling 3,926 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $231,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in 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 buying an additional 151 shares in the last quarter. Gateway Wealth Partners LLC boosted its stake in Invesco S&P 500 Quality ETF by 2.8% during the first quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock worth $368,000 after buying an additional 152 shares in the last quarter. Trek Financial LLC boosted its stake in Invesco S&P 500 Quality ETF by 3.1% during the first quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock worth $377,000 after buying an additional 169 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Invesco S&P 500 Quality ETF by 2.5% during the first quarter. Sequoia Financial Advisors LLC now owns 8,463 shares of the company’s stock worth $561,000 after buying an additional 204 shares in the last quarter. Finally, Hartford Financial Management Inc. boosted its stake in Invesco S&P 500 Quality ETF by 0.3% during the first quarter. Hartford Financial Management Inc. now owns 73,385 shares of the company’s stock worth $4,868,000 after buying an additional 216 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

SPHQ opened at $72.21 on Monday. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $74.45. The firm’s fifty day moving average price is $72.61 and its two-hundred day moving average price is $69.95. The company has a market capitalization of $14.79 billion, a P/E 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.