Cedar Mountain Advisors LLC Decreases Stock Holdings in Invesco S&P 500 Quality ETF $SPHQ

Cedar Mountain Advisors LLC lowered its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 17.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,228 shares of the company’s stock after selling 29,311 shares during the period. Invesco S&P 500 Quality ETF makes up 2.0% of Cedar Mountain Advisors LLC’s portfolio, making the stock its 14th biggest position. Cedar Mountain Advisors LLC owned about 0.07% of Invesco S&P 500 Quality ETF worth $10,351,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Berkshire Money Management Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $28,000. Independence Bank of Kentucky purchased a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter worth about $33,000. Bogart Wealth LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 19.2% in the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after buying an additional 155 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter valued at about $72,000. Finally, Adirondack Trust Co. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at about $77,000.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $77.35 on Friday. The firm has a market capitalization of $15.50 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $77.46. The stock’s 50 day moving average price is $74.77 and its 200 day moving average price is $73.31.

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.