Thrivent Financial for Lutherans cut its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 30.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 193,847 shares of the company’s stock after selling 84,642 shares during the period. Thrivent Financial for Lutherans owned about 0.13% of Invesco S&P 500 Quality ETF worth $13,040,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in SPHQ. GPS Wealth Strategies Group LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 25.7% during the 2nd 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 raised its position in Invesco S&P 500 Quality ETF by 1.2% during the second quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock valued at $1,171,000 after acquiring an additional 219 shares in the last quarter. Stratos Wealth Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 1.4% in the third quarter. Stratos Wealth Advisors LLC now owns 16,077 shares of the company’s stock valued at $1,082,000 after acquiring an additional 225 shares during the last quarter. Huntington National Bank grew its position in Invesco S&P 500 Quality ETF by 11.4% in the third quarter. Huntington National Bank now owns 2,428 shares of the company’s stock worth $163,000 after acquiring an additional 249 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Invesco S&P 500 Quality ETF by 2.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock worth $786,000 after purchasing an additional 266 shares during the last quarter.
Invesco S&P 500 Quality ETF Trading Up 1.2 %
Invesco S&P 500 Quality ETF stock opened at $67.95 on Friday. The company has a market capitalization of $10.16 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1-year low of $51.50 and a 1-year high of $68.75. The firm’s fifty day simple moving average is $67.19 and its 200-day simple moving average is $64.84.
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.
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