BCGM Wealth Management LLC Sells 1,553 Shares of Invesco S&P 500 Quality ETF $SPHQ

BCGM Wealth Management LLC lowered its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 11.9% during the second quarter, HoldingsChannel.com reports. The fund owned 11,477 shares of the company’s stock after selling 1,553 shares during the quarter. BCGM Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $818,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SPHQ. Ameriprise Financial Inc. boosted its position in Invesco S&P 500 Quality ETF by 45.7% during the first quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock valued at $365,193,000 after acquiring an additional 1,727,685 shares during the last quarter. LPL Financial LLC boosted its position in 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 valued at $666,336,000 after acquiring an additional 1,325,931 shares during the last quarter. Raymond James Financial Inc. boosted its position in Invesco S&P 500 Quality ETF by 59.8% during the first quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock valued at $159,230,000 after acquiring an additional 897,944 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Invesco S&P 500 Quality ETF by 37.0% during the first quarter. Bank of New York Mellon Corp now owns 2,594,265 shares of the company’s stock valued at $172,104,000 after acquiring an additional 700,168 shares during the last quarter. Finally, Assetmark Inc. boosted its position in Invesco S&P 500 Quality ETF by 131.1% during the first quarter. Assetmark Inc. now owns 1,230,328 shares of the company’s stock valued at $81,620,000 after acquiring an additional 697,964 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.1%

Shares of SPHQ opened at $74.06 on Monday. The stock has a market capitalization of $15.10 billion, a P/E ratio of 25.36 and a beta of 0.92. The firm’s fifty day simple moving average is $73.19 and its two-hundred day simple moving average is $71.13. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $75.03.

Invesco S&P 500 Quality ETF Company 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.