Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC trimmed its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,640,588 shares of the company’s stock after selling 523,162 shares during the quarter. Invesco S&P 500 Quality ETF comprises 1.0% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 17th biggest position. Wealth Enhancement Advisory Services LLC owned 4.31% of Invesco S&P 500 Quality ETF worth $506,877,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bernard Wealth Management Corp. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $26,000. Fourth Dimension Wealth LLC acquired a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth $26,000. Millstone Evans Group LLC purchased a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at $33,000. Briaud Financial Planning Inc acquired a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at $34,000. Finally, 10Elms LLP purchased a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth $35,000.

Invesco S&P 500 Quality ETF Trading Down 0.9%

Shares of NYSEARCA:SPHQ opened at $69.29 on Thursday. The company has a market capitalization of $13.40 billion, a price-to-earnings ratio of 27.61 and a beta of 0.95. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $71.61. The business has a 50-day moving average price of $67.85 and a 200 day moving average price of $67.92.

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.