Raymond James & Associates Trims Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Raymond James & Associates lowered its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Get Rating) by 9.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,370 shares of the company’s stock after selling 4,710 shares during the quarter. Raymond James & Associates owned approximately 0.06% of Invesco S&P 500 Quality ETF worth $1,803,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF in the second quarter valued at approximately $27,000. Gradient Investments LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $27,000. Farmers & Merchants Investments Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF in the second quarter valued at approximately $28,000. Charter Oak Capital Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the second quarter valued at approximately $29,000. Finally, Private Trust Co. NA acquired a new position in shares of Invesco S&P 500 Quality ETF in the second quarter valued at approximately $29,000.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $45.83 on Wednesday. The stock’s 50 day simple moving average is $44.96 and its 200-day simple moving average is $43.98. Invesco S&P 500 Quality ETF has a 12-month low of $39.18 and a 12-month high of $52.40.