Hartford Financial Management Inc. Reduces Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Hartford Financial Management Inc. decreased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,605 shares of the company’s stock after selling 251 shares during the period. Hartford Financial Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $4,951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of SPHQ. Envestnet Asset Management Inc. grew its holdings in Invesco S&P 500 Quality ETF by 1,479.5% during the second quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock valued at $804,114,000 after purchasing an additional 11,854,003 shares during the period. Cliftonlarsonallen Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 89.3% during the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,615,038 shares of the company’s stock valued at $399,681,000 after buying an additional 3,121,091 shares in the last quarter. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 12.2% during the 2nd quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock valued at $483,033,000 after acquiring an additional 825,232 shares during the period. Vigilare Wealth Management grew its stake in shares of Invesco S&P 500 Quality ETF by 2,233.5% during the 2nd quarter. Vigilare Wealth Management now owns 606,428 shares of the company’s stock valued at $38,532,000 after acquiring an additional 580,440 shares during the period. Finally, Silver Lake Advisory LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter worth approximately $35,759,000.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $65.67 on Friday. The stock has a market cap of $9.81 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The firm’s fifty day moving average is $66.66 and its 200 day moving average is $63.88. Invesco S&P 500 Quality ETF has a fifty-two week low of $48.22 and a fifty-two week high of $68.38.

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.