Apollon Financial LLC Has $1.31 Million Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Apollon Financial LLC cut its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,440 shares of the company’s stock after selling 594 shares during the quarter. Apollon Financial LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,308,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPHQ. Envestnet Asset Management Inc. boosted its stake in Invesco S&P 500 Quality ETF by 1,479.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock worth $804,114,000 after purchasing an additional 11,854,003 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 5.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock worth $527,025,000 after buying an additional 376,770 shares during the period. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 12.2% during the second quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock valued at $483,033,000 after buying an additional 825,232 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in Invesco S&P 500 Quality ETF by 3.7% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,280,618 shares of the company’s stock valued at $489,767,000 after buying an additional 260,719 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in Invesco S&P 500 Quality ETF by 5.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,794,452 shares of the company’s stock worth $114,019,000 after acquiring an additional 94,748 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.1 %

Shares of NYSEARCA SPHQ opened at $68.53 on Tuesday. The firm has a market capitalization of $10.24 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a one year low of $50.79 and a one year high of $68.75. The business has a 50-day moving average price of $66.84 and a two-hundred day moving average price of $64.42.

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.