Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Sagace Wealth Management LLC

Sagace Wealth Management LLC trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 45.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,131 shares of the company’s stock after selling 31,550 shares during the period. Invesco S&P 500 Quality ETF makes up about 1.9% of Sagace Wealth Management LLC’s portfolio, making the stock its 17th biggest position. Sagace Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,489,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Silver Lake Advisory LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $35,759,000. Citizens Financial Group Inc. RI purchased a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $220,000. Mercer Global Advisors Inc. ADV boosted its holdings in Invesco S&P 500 Quality ETF by 2.2% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock worth $786,000 after buying an additional 266 shares during the last quarter. Blair William & Co. IL increased its stake in Invesco S&P 500 Quality ETF by 10.7% during the 2nd quarter. Blair William & Co. IL now owns 117,944 shares of the company’s stock worth $7,494,000 after buying an additional 11,436 shares in the last quarter. Finally, Carolinas Wealth Consulting LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 54.9% in the second quarter. Carolinas Wealth Consulting LLC now owns 14,302 shares of the company’s stock valued at $909,000 after acquiring an additional 5,067 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $67.38 on Thursday. The business’s 50 day moving average price is $68.09 and its 200-day moving average price is $66.46. The firm has a market capitalization of $10.07 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1 year low of $53.81 and a 1 year high of $69.97.

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.