Savior LLC Trims Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Savior LLC decreased its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 93.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,921 shares of the company’s stock after selling 214,942 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 3.3% of Savior LLC’s investment portfolio, making the stock its 8th biggest holding. Savior LLC’s holdings in Invesco S&P 500 Quality ETF were worth $803,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SPHQ. Gradient Investments LLC raised its holdings in Invesco S&P 500 Quality ETF by 39.3% during the 1st quarter. Gradient Investments LLC now owns 1,351 shares of the company’s stock worth $64,000 after buying an additional 381 shares during the period. SouthState Corp acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $74,000. Parallel Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF by 23.6% during the 1st quarter. Parallel Advisors LLC now owns 46,113 shares of the company’s stock worth $2,182,000 after buying an additional 8,800 shares during the period. Keybank National Association OH raised its holdings in Invesco S&P 500 Quality ETF by 14.4% during the 1st quarter. Keybank National Association OH now owns 25,353 shares of the company’s stock worth $1,200,000 after buying an additional 3,189 shares during the period. Finally, Sigma Planning Corp raised its holdings in Invesco S&P 500 Quality ETF by 14.5% during the 1st quarter. Sigma Planning Corp now owns 9,746 shares of the company’s stock worth $461,000 after buying an additional 1,233 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock traded down $0.33 during mid-day trading on Friday, hitting $51.87. 117,588 shares of the company were exchanged, compared to its average volume of 662,157. The firm has a market cap of $5.61 billion, a P/E ratio of 16.07 and a beta of 0.94. The firm’s 50 day simple moving average is $51.50 and its 200 day simple moving average is $48.95. Invesco S&P 500 Quality ETF has a 1-year low of $39.18 and a 1-year high of $52.83.

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.