US Bancorp DE lowered its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 6.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 10,087 shares of the company’s stock after selling 688 shares during the period. US Bancorp DE’s holdings in Invesco S&P 500 Quality ETF were worth $719,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently made changes to their positions in SPHQ. Berkshire Money Management Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $28,000. Independence Bank of Kentucky acquired a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $33,000. Golden State Wealth Management LLC grew its position in shares of Invesco S&P 500 Quality ETF by 612.2% during the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after purchasing an additional 453 shares in the last quarter. Arlington Trust Co LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $36,000. Finally, Resources Management Corp CT ADV acquired a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $44,000.
Invesco S&P 500 Quality ETF Stock Up 0.6%
Shares of NYSEARCA:SPHQ opened at $73.50 on Friday. The company’s 50 day moving average price is $72.79 and its two-hundred day moving average price is $70.17. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $74.45. The firm has a market cap of $15.04 billion, a PE ratio of 25.36 and a beta of 0.94.
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.
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