Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lowered its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.5% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 8,253 shares of the company’s stock after selling 210 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $588,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 45.7% during the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock worth $365,193,000 after acquiring an additional 1,727,685 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 15.2% during the first quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock worth $666,336,000 after buying an additional 1,325,931 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in Invesco S&P 500 Quality ETF during the 1st quarter valued at about $73,239,000. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 59.8% in the first quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock valued at $159,230,000 after purchasing an additional 897,944 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Invesco S&P 500 Quality ETF by 37.0% in the 1st quarter. Bank of New York Mellon Corp now owns 2,594,265 shares of the company’s stock worth $172,104,000 after acquiring an additional 700,168 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $73.50 on Monday. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $74.45. The company has a market capitalization of $15.04 billion, a PE ratio of 25.36 and a beta of 0.94. The firm’s 50-day moving average is $72.79 and its two-hundred day moving average is $70.21.

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.