Invesco S&P 500 Quality ETF $SPHQ Stock Holdings Lessened by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC trimmed its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 54.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,238 shares of the company’s stock after selling 3,926 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Brighton Jones LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares in the last quarter. Gateway Wealth Partners LLC raised its position in Invesco S&P 500 Quality ETF by 2.8% during the first quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock valued at $368,000 after acquiring an additional 152 shares in the last quarter. Trek Financial LLC raised its position in Invesco S&P 500 Quality ETF by 3.1% during the first quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock valued at $377,000 after acquiring an additional 169 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in Invesco S&P 500 Quality ETF by 2.5% during the first quarter. Sequoia Financial Advisors LLC now owns 8,463 shares of the company’s stock valued at $561,000 after acquiring an additional 204 shares in the last quarter. Finally, Hartford Financial Management Inc. raised its position in Invesco S&P 500 Quality ETF by 0.3% during the first quarter. Hartford Financial Management Inc. now owns 73,385 shares of the company’s stock valued at $4,868,000 after acquiring an additional 216 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $72.21 on Monday. The firm has a market cap of $14.79 billion, a PE ratio of 25.36 and a beta of 0.94. The firm’s 50 day moving average price is $72.61 and its 200 day moving average price is $69.95. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $74.45.

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.