GC Wealth Management RIA LLC Sells 1,071 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

GC Wealth Management RIA LLC decreased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,215 shares of the company’s stock after selling 1,071 shares during the period. GC Wealth Management RIA LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,103,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Gateway Wealth Partners LLC raised its stake in Invesco S&P 500 Quality ETF by 2.8% during the 4th quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock worth $362,000 after buying an additional 149 shares during the period. Brighton Jones LLC raised its stake in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after buying an additional 151 shares during the period. Lunt Capital Management Inc. raised its stake in Invesco S&P 500 Quality ETF by 1.9% during the 4th quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock worth $652,000 after buying an additional 182 shares during the period. DAVENPORT & Co LLC raised its stake in Invesco S&P 500 Quality ETF by 1.9% during the 4th quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock worth $666,000 after buying an additional 188 shares during the period. Finally, Alta Wealth Advisors LLC raised its stake in Invesco S&P 500 Quality ETF by 2.0% during the 4th quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock worth $644,000 after buying an additional 190 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $67.09 on Tuesday. The company has a market cap of $11.35 billion, a P/E ratio of 29.27 and a beta of 0.94. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.17 and a fifty-two week high of $71.22. The stock’s 50 day simple moving average is $69.04 and its 200 day simple moving average is $67.96.

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.