Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Stake Cut by WT Wealth Management

WT Wealth Management trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 22.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,545 shares of the company’s stock after selling 5,782 shares during the period. WT Wealth Management’s holdings in Invesco S&P 500 Quality ETF were worth $1,330,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Fiduciary Alliance LLC increased its position in Invesco S&P 500 Quality ETF by 3.1% in the first quarter. Fiduciary Alliance LLC now owns 23,511 shares of the company’s stock worth $1,420,000 after buying an additional 707 shares during the period. Wealthspire Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the first quarter worth $211,000. Clarius Group LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 18.7% during the third quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after purchasing an additional 750 shares in the last quarter. Mayfair Advisory Group LLC grew its position in Invesco S&P 500 Quality ETF by 11.6% in the 1st quarter. Mayfair Advisory Group LLC now owns 24,031 shares of the company’s stock valued at $1,452,000 after buying an additional 2,506 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF during the 2nd quarter valued at about $796,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock traded down $0.38 on Tuesday, hitting $67.41. The company had a trading volume of 457,455 shares, compared to its average volume of 963,957. Invesco S&P 500 Quality ETF has a 52 week low of $47.72 and a 52 week high of $68.38. The company has a market cap of $10.07 billion, a PE ratio of 22.60 and a beta of 0.98. The business has a 50-day simple moving average of $66.42 and a 200-day simple moving average of $63.57.

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.