First International Bank & Trust Sells 9,251 Shares of Invesco S&P 500 Quality ETF $SPHQ

First International Bank & Trust reduced its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 560,123 shares of the company’s stock after selling 9,251 shares during the period. Invesco S&P 500 Quality ETF makes up about 14.3% of First International Bank & Trust’s holdings, making the stock its 2nd biggest holding. First International Bank & Trust owned approximately 0.27% of Invesco S&P 500 Quality ETF worth $41,051,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares during the last quarter. Summit Financial LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $2,959,000. CW Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $658,000. Ameriprise Financial Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 45.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock valued at $365,193,000 after purchasing an additional 1,727,685 shares in the last quarter. Finally, Compound Planning Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 255.5% during the 1st quarter. Compound Planning Inc. now owns 17,347 shares of the company’s stock valued at $1,151,000 after buying an additional 12,468 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.9%

SPHQ stock opened at $74.83 on Thursday. The firm has a 50 day simple moving average of $74.03 and a 200-day simple moving average of $72.65. The company has a market capitalization of $15.25 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $76.60.

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.