Orgel Wealth Management LLC trimmed its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 12.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 345,076 shares of the company’s stock after selling 50,613 shares during the quarter. Invesco S&P 500 Quality ETF makes up 0.5% of Orgel Wealth Management LLC’s portfolio, making the stock its 22nd biggest position. Orgel Wealth Management LLC owned 0.15% of Invesco S&P 500 Quality ETF worth $29,014,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in SPHQ. HBW Advisory Services LLC grew its stake in Invesco S&P 500 Quality ETF by 1.2% in the third quarter. HBW Advisory Services LLC now owns 10,350 shares of the company’s stock worth $870,000 after purchasing an additional 119 shares in the last quarter. Mather Group LLC. bought a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at about $2,511,000. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at about $649,488,000. Union Savings Bank raised its stake in Invesco S&P 500 Quality ETF by 0.5% during the third quarter. Union Savings Bank now owns 494,027 shares of the company’s stock valued at $41,538,000 after buying an additional 2,374 shares in the last quarter. Finally, Triumph Capital Management acquired a new stake in Invesco S&P 500 Quality ETF during the third quarter valued at approximately $503,000.
Invesco S&P 500 Quality ETF Stock Down 1.1%
NYSEARCA:SPHQ opened at $84.46 on Thursday. The business’s 50 day moving average is $85.26 and its two-hundred day moving average is $84.28. Invesco S&P 500 Quality ETF has a 52 week low of $71.57 and a 52 week high of $90.36. The company has a market cap of $18.84 billion, a PE ratio of 25.36 and a beta of 0.91.
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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.
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