Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Position Cut by Well Done LLC

Well Done LLC trimmed its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 101,767 shares of the company’s stock after selling 2,628 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 1.3% of Well Done LLC’s investment portfolio, making the stock its 15th largest holding. Well Done LLC’s holdings in Invesco S&P 500 Quality ETF were worth $6,846,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC lifted its stake in Invesco S&P 500 Quality ETF by 25.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,016 shares of the company’s stock valued at $65,000 after buying an additional 208 shares during the last quarter. SteelPeak Wealth LLC lifted its stake in Invesco S&P 500 Quality ETF by 1.2% in the second quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock valued at $1,171,000 after buying an additional 219 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Invesco S&P 500 Quality ETF by 2.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock valued at $786,000 after buying an additional 266 shares during the last quarter. CWM LLC lifted its stake in Invesco S&P 500 Quality ETF by 5.4% in the third quarter. CWM LLC now owns 5,407 shares of the company’s stock valued at $364,000 after buying an additional 275 shares during the last quarter. Finally, MADDEN SECURITIES Corp lifted its stake in Invesco S&P 500 Quality ETF by 1.4% in the second quarter. MADDEN SECURITIES Corp now owns 20,192 shares of the company’s stock valued at $1,283,000 after buying an additional 284 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.4 %

SPHQ stock traded up $0.25 during mid-day trading on Friday, reaching $67.90. The company had a trading volume of 99,497 shares, compared to its average volume of 963,948. The stock has a market capitalization of $10.15 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 $68.38. The stock’s 50-day simple moving average is $66.23 and its two-hundred day simple moving average is $63.41.

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.