Fidelity D & D Bancorp Inc. Trims Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Fidelity D & D Bancorp Inc. trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,640 shares of the company’s stock after selling 410 shares during the period. Invesco S&P 500 Quality ETF comprises approximately 2.1% of Fidelity D & D Bancorp Inc.’s holdings, making the stock its 12th biggest holding. Fidelity D & D Bancorp Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $2,836,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of SPHQ. Woodmont Investment Counsel LLC purchased a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $25,000. ORG Partners LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the second quarter worth about $45,000. Pineridge Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the first quarter valued at approximately $47,000. Sound Income Strategies LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 58.0% during the first quarter. Sound Income Strategies LLC now owns 915 shares of the company’s stock valued at $55,000 after buying an additional 336 shares during the period. Finally, Mitchell Sinkler & Starr PA acquired a new stake in Invesco S&P 500 Quality ETF during the first quarter worth approximately $60,000.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $64.35 on Friday. The company has a 50 day moving average price of $64.46 and a two-hundred day moving average price of $61.87. The stock has a market capitalization of $9.62 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a one year low of $47.72 and a one year high of $66.66.

About Invesco S&P 500 Quality ETF

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.