Corient Private Wealth LLC Sells 20,172 Shares of Invesco S&P 500 Quality ETF $SPHQ

Corient Private Wealth LLC trimmed its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 4.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 463,932 shares of the company’s stock after selling 20,172 shares during the period. Corient Private Wealth LLC owned approximately 0.23% of Invesco S&P 500 Quality ETF worth $33,060,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Brighton Jones LLC lifted its holdings in Invesco S&P 500 Quality ETF by 4.0% during the 4th 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. Legacy Financial Advisors Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 9.4% during the first quarter. Legacy Financial Advisors Inc. now owns 29,222 shares of the company’s stock valued at $1,939,000 after acquiring an additional 2,521 shares during the period. Summit Financial LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the first quarter valued at $2,959,000. CW Advisors LLC bought a new position in Invesco S&P 500 Quality ETF in the first quarter valued at about $658,000. Finally, Ameriprise Financial Inc. increased its position in Invesco S&P 500 Quality ETF by 45.7% in the first quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock worth $365,193,000 after purchasing an additional 1,727,685 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.4%

Shares of NYSEARCA:SPHQ opened at $75.54 on Wednesday. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $76.60. The stock has a market capitalization of $15.40 billion, a P/E ratio of 25.36 and a beta of 0.92. The business has a 50-day moving average price of $74.01 and a two-hundred day moving average price of $72.63.

About Invesco S&P 500 Quality ETF

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.