Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Ruggaard & Associates LLC

Ruggaard & Associates LLC trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 4.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 140,244 shares of the company’s stock after selling 6,245 shares during the period. Invesco S&P 500 Quality ETF comprises approximately 4.2% of Ruggaard & Associates LLC’s investment portfolio, making the stock its 8th biggest position. Ruggaard & Associates LLC owned approximately 0.07% of Invesco S&P 500 Quality ETF worth $10,545,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SPHQ. Brighton Jones LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after acquiring an additional 151 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Invesco S&P 500 Quality ETF by 51.2% during the first quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock worth $388,000 after purchasing an additional 1,983 shares during the period. Empowered Funds LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter valued at $875,000. Jane Street Group LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 29.2% during the first quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after purchasing an additional 2,248 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Invesco S&P 500 Quality ETF by 53.5% in the 2nd quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock valued at $8,218,000 after purchasing an additional 40,210 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.5%

Shares of SPHQ opened at $84.67 on Friday. The business’s 50-day moving average price is $86.55 and its 200 day moving average price is $81.56. The stock has a market capitalization of $19.41 billion, a P/E ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 1-year low of $70.40 and a 1-year high of $90.36.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.