Invesco S&P 500 Quality ETF $SPHQ Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,701 shares of the company’s stock after selling 2,086 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,618,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Ameriprise Financial Inc. grew its stake in Invesco S&P 500 Quality ETF by 45.7% during the 1st 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 in the last quarter. LPL Financial LLC grew its position in shares of Invesco S&P 500 Quality ETF by 15.2% in the first quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock valued at $666,336,000 after purchasing an additional 1,325,931 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter valued at approximately $73,239,000. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF by 59.8% in the first quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock valued at $159,230,000 after purchasing an additional 897,944 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted 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 worth $172,104,000 after buying an additional 700,168 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.6%

Shares of SPHQ opened at $73.50 on Monday. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $74.45. The stock has a fifty day simple moving average of $72.79 and a two-hundred day simple moving average of $70.21. The company has a market capitalization of $15.04 billion, a PE ratio of 25.36 and a beta of 0.94.

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.