Invesco S&P 500 Quality ETF $SPHQ Stock: Cresta Advisors Ltd. Decreases Holdings

Cresta Advisors Ltd. lowered its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 18.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 198,193 shares of the company’s stock after selling 43,753 shares during the quarter. Invesco S&P 500 Quality ETF comprises about 8.1% of Cresta Advisors Ltd.’s holdings, making the stock its 4th largest position. Cresta Advisors Ltd. owned approximately 0.09% of Invesco S&P 500 Quality ETF worth $16,664,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SPHQ. Virginia Estate & Retirement Planning Advisors Inc. purchased a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $3,021,000. XY Planning Network Inc. lifted its position in Invesco S&P 500 Quality ETF by 8.9% during the 3rd quarter. XY Planning Network Inc. now owns 53,007 shares of the company’s stock worth $4,457,000 after acquiring an additional 4,313 shares during the period. Stonehearth Capital Management LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $1,292,000. Signal Advisors Wealth LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 17.7% in the 3rd quarter. Signal Advisors Wealth LLC now owns 5,447 shares of the company’s stock valued at $458,000 after purchasing an additional 820 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $263,000.

Invesco S&P 500 Quality ETF Trading Down 0.1%

Shares of SPHQ stock opened at $85.43 on Wednesday. The company has a market capitalization of $19.06 billion, a P/E ratio of 25.36 and a beta of 0.91. The business’s 50 day moving average is $85.30 and its two-hundred day moving average is $84.21. Invesco S&P 500 Quality ETF has a twelve month low of $71.57 and a twelve month high of $90.36.

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