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

Verum Partners LLC cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 18.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,904 shares of the company’s stock after selling 13,579 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 1.2% of Verum Partners LLC’s portfolio, making the stock its 20th largest holding. Verum Partners LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,962,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. GPS Wealth Strategies Group LLC raised its holdings in Invesco S&P 500 Quality ETF by 25.7% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,016 shares of the company’s stock valued at $65,000 after acquiring an additional 208 shares during the last quarter. SteelPeak Wealth LLC increased its stake in Invesco S&P 500 Quality ETF by 1.2% in the second quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock valued at $1,171,000 after purchasing an additional 219 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Invesco S&P 500 Quality ETF by 2.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock valued at $786,000 after purchasing an additional 266 shares during the last quarter. CWM LLC lifted its position in Invesco S&P 500 Quality ETF by 5.4% during the third quarter. CWM LLC now owns 5,407 shares of the company’s stock worth $364,000 after buying an additional 275 shares during the period. Finally, MADDEN SECURITIES Corp boosted its stake in Invesco S&P 500 Quality ETF by 1.4% in the 2nd quarter. MADDEN SECURITIES Corp now owns 20,192 shares of the company’s stock worth $1,283,000 after buying an additional 284 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock traded down $0.18 on Wednesday, hitting $67.37. 80,093 shares of the company were exchanged, compared to its average volume of 967,306. The stock has a market capitalization of $10.07 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The business’s fifty day moving average is $66.01 and its two-hundred day moving average is $63.35. Invesco S&P 500 Quality ETF has a twelve month low of $47.72 and a twelve month 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.