Commonwealth Equity Services LLC Decreases Stock Holdings in Invesco S&P 500 Quality ETF $SPHQ

Commonwealth Equity Services LLC reduced its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 17.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,275,063 shares of the company’s stock after selling 263,326 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $90,861,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after acquiring an additional 151 shares during the last quarter. Gateway Wealth Partners LLC increased its stake 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 worth $368,000 after acquiring an additional 152 shares during the last quarter. Bogart Wealth LLC raised its position in Invesco S&P 500 Quality ETF by 19.2% during the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock valued at $69,000 after purchasing an additional 155 shares during the period. Trek Financial LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 3.1% in the 1st quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock valued at $377,000 after purchasing an additional 169 shares during the last quarter. Finally, Trivium Point Advisory LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 1.9% in the 1st quarter. Trivium Point Advisory LLC now owns 11,390 shares of the company’s stock valued at $756,000 after purchasing an additional 217 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $73.18 on Friday. The company has a market cap of $14.92 billion, a P/E ratio of 25.36 and a beta of 0.92. The business’s 50 day moving average price is $73.28 and its 200-day moving average price is $71.31. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $75.03.

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.