Clear Creek Financial Management LLC Reduces Holdings in Invesco S&P 500 Quality ETF $SPHQ

Clear Creek Financial Management LLC reduced its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 12.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,393 shares of the company’s stock after selling 11,691 shares during the period. Clear Creek Financial Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $5,819,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of 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 worth $265,000 after buying an additional 151 shares during the period. Fragasso Financial Advisors Inc increased its position in shares of Invesco S&P 500 Quality ETF by 0.5% in the third quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock valued at $2,342,000 after acquiring an additional 157 shares during the period. Brown Advisory Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 1.1% in the second quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock valued at $1,107,000 after acquiring an additional 166 shares during the period. Dynamic Advisor Solutions LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 0.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after acquiring an additional 168 shares during the last quarter. Finally, Capital Asset Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 1.5% during the third quarter. Capital Asset Advisory Services LLC now owns 12,468 shares of the company’s stock worth $914,000 after purchasing an additional 181 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $79.75 on Friday. The stock’s 50-day moving average is $77.31 and its 200 day moving average is $74.65. The company has a market cap of $16.29 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $80.58.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.