McKinley Carter Wealth Services Inc. decreased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 66.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,160 shares of the company’s stock after selling 12,212 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $439,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Berkshire Money Management Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at $28,000. Independence Bank of Kentucky acquired a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at $33,000. Highline Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at $33,000. Golden State Wealth Management LLC grew its holdings 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 valued at $35,000 after buying an additional 453 shares during the period. Finally, Arlington Trust Co LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at $36,000.
Invesco S&P 500 Quality ETF Stock Down 1.8%
Shares of SPHQ stock opened at $72.21 on Friday. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $74.45. The firm has a fifty day moving average of $72.61 and a 200-day moving average of $69.91.
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.
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