Vigilare Wealth Management lowered its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 61.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 232,529 shares of the company’s stock after selling 373,899 shares during the period. Invesco S&P 500 Quality ETF makes up 6.3% of Vigilare Wealth Management’s portfolio, making the stock its 4th biggest position. Vigilare Wealth Management’s holdings in Invesco S&P 500 Quality ETF were worth $15,642,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of SPHQ. SYM FINANCIAL Corp purchased a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter worth about $28,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter worth approximately $38,000. Blue Trust Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $43,000. ORG Partners LLC purchased a new position in Invesco S&P 500 Quality ETF during the second quarter valued at approximately $45,000. Finally, Pineridge Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $47,000.
Invesco S&P 500 Quality ETF Stock Up 0.3 %
Shares of NYSEARCA:SPHQ opened at $65.89 on Friday. The firm has a fifty day moving average of $66.66 and a two-hundred day moving average of $63.90. Invesco S&P 500 Quality ETF has a 12-month low of $49.31 and a 12-month high of $68.38. The firm has a market capitalization of $9.85 billion, a P/E ratio of 22.60 and a beta of 0.98.
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.
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