Tandem Capital Management Corp ADV lowered its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 1.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 14,805 shares of the company’s stock after selling 170 shares during the period. Tandem Capital Management Corp ADV’s holdings in Invesco S&P 500 Quality ETF were worth $1,055,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Berkshire Money Management Inc. bought a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth approximately $28,000. Independence Bank of Kentucky bought a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth approximately $33,000. Highline Wealth Partners LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $33,000. Golden State Wealth Management LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 612.2% in the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after purchasing an additional 453 shares during the period. Finally, Arlington Trust Co LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $36,000.
Invesco S&P 500 Quality ETF Stock Up 0.2%
Shares of NYSEARCA:SPHQ opened at $73.86 on Thursday. The firm’s 50 day moving average price is $72.54 and its 200-day moving average price is $69.83. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $74.45. The stock has a market capitalization of $15.15 billion, a PE ratio of 25.36 and a beta of 0.94.
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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