Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC trimmed its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 13.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,639 shares of the company’s stock after selling 10,739 shares during the period. Flagship Harbor Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,534,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPHQ. Silver Lake Advisory LLC purchased a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $35,759,000. Bank of Montreal Can boosted its position in shares of Invesco S&P 500 Quality ETF by 47.5% during the 2nd quarter. Bank of Montreal Can now owns 14,081 shares of the company’s stock worth $900,000 after purchasing an additional 4,537 shares in the last quarter. MidWestOne Financial Group Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth $321,000. Chicago Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Quality ETF by 3.0% during the 2nd quarter. Chicago Wealth Management Inc. now owns 149,574 shares of the company’s stock worth $9,504,000 after purchasing an additional 4,299 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Quality ETF by 5.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,385,058 shares of the company’s stock worth $88,007,000 after purchasing an additional 76,204 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $69.41 on Friday. Invesco S&P 500 Quality ETF has a one year low of $55.67 and a one year high of $69.97. The company’s fifty day moving average is $68.17 and its two-hundred day moving average is $66.68. The firm has a market capitalization of $10.37 billion, a P/E ratio of 22.60 and a beta of 0.98.

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.