Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Symphony Financial Ltd. Co.

Symphony Financial Ltd. Co. trimmed its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 14.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,467 shares of the company’s stock after selling 16,861 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 1.3% of Symphony Financial Ltd. Co.’s portfolio, making the stock its 23rd largest holding. Symphony Financial Ltd. Co. owned about 0.10% of Invesco S&P 500 Quality ETF worth $5,160,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SPHQ. First Command Advisory Services Inc. purchased a new stake in Invesco S&P 500 Quality ETF during the first quarter worth about $608,296,000. FMR LLC raised its position in Invesco S&P 500 Quality ETF by 0.9% during the first quarter. FMR LLC now owns 4,159,430 shares of the company’s stock worth $196,824,000 after acquiring an additional 36,653 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 22.0% in the first quarter. LPL Financial LLC now owns 4,102,302 shares of the company’s stock valued at $194,121,000 after purchasing an additional 740,292 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Invesco S&P 500 Quality ETF by 13.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,953,899 shares of the company’s stock valued at $187,098,000 after purchasing an additional 473,078 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $99,783,000.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock traded down $0.36 during mid-day trading on Tuesday, hitting $51.22. 313,127 shares of the company were exchanged, compared to its average volume of 662,679. Invesco S&P 500 Quality ETF has a 12-month low of $39.18 and a 12-month high of $52.83. The business’s 50 day simple moving average is $51.57 and its two-hundred day simple moving average is $49.09. The company has a market capitalization of $5.54 billion, a P/E ratio of 16.07 and a beta of 0.94.

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.