Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV lessened its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 23.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 230,707 shares of the company’s stock after selling 71,446 shares during the period. Invesco S&P 500 Quality ETF makes up approximately 1.2% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 20th largest position. Creative Financial Designs Inc. ADV’s holdings in Invesco S&P 500 Quality ETF were worth $16,440,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHQ. Golden State Wealth Management LLC lifted its holdings in Invesco S&P 500 Quality ETF by 612.2% during the first quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after purchasing an additional 453 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Invesco S&P 500 Quality ETF by 349.8% during the second quarter. Farther Finance Advisors LLC now owns 3,306 shares of the company’s stock valued at $236,000 after purchasing an additional 2,571 shares in the last quarter. Belpointe Asset Management LLC purchased a new position in Invesco S&P 500 Quality ETF during the first quarter valued at $358,000. True North Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF during the first quarter valued at $416,000. Finally, HB Wealth Management LLC purchased a new position in Invesco S&P 500 Quality ETF during the first quarter valued at $622,000.

Invesco S&P 500 Quality ETF Stock Down 0.0%

SPHQ opened at $74.13 on Friday. The company has a market cap of $15.11 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $75.03. The firm’s fifty day simple moving average is $73.17 and its two-hundred day simple moving average is $70.95.

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.