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

Sfmg LLC trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,632,132 shares of the company’s stock after selling 35,518 shares during the quarter. Invesco S&P 500 Quality ETF comprises 9.0% of Sfmg LLC’s portfolio, making the stock its 3rd biggest holding. Sfmg LLC owned 1.09% of Invesco S&P 500 Quality ETF worth $103,706,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Woodmont Investment Counsel LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter worth $25,000. SYM FINANCIAL Corp acquired a new position in Invesco S&P 500 Quality ETF during the 2nd quarter worth $28,000. ORG Partners LLC bought a new stake in Invesco S&P 500 Quality ETF during the second quarter valued at about $45,000. Pineridge Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter valued at about $47,000. Finally, Wetzel Investment Advisors Inc. increased its stake in shares of Invesco S&P 500 Quality ETF by 75.0% in the second quarter. Wetzel Investment Advisors Inc. now owns 875 shares of the company’s stock worth $53,000 after purchasing an additional 375 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $67.11 on Wednesday. The stock has a 50-day simple moving average of $64.95 and a 200 day simple moving average of $62.59. Invesco S&P 500 Quality ETF has a twelve month low of $47.72 and a twelve month high of $67.54. The stock has a market capitalization of $10.03 billion, a PE ratio of 22.60 and a beta of 0.98.

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.