Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management lowered its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 193,582 shares of the company’s stock after selling 3,329 shares during the period. Invesco S&P 500 Quality ETF makes up approximately 0.7% of Financial Advocates Investment Management’s portfolio, making the stock its 25th biggest holding. Financial Advocates Investment Management’s holdings in Invesco S&P 500 Quality ETF were worth $13,066,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in SPHQ. SYM FINANCIAL Corp purchased a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter worth $28,000. Abich Financial Wealth Management LLC acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $38,000. Blue Trust Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $43,000. ORG Partners LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the second quarter worth $45,000. Finally, Pineridge Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the first quarter valued at $47,000.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $66.67 on Thursday. Invesco S&P 500 Quality ETF has a 12-month low of $48.22 and a 12-month high of $68.38. The company has a market capitalization of $9.96 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The firm’s fifty day moving average price is $66.64 and its 200 day moving average price is $63.86.

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.