Assetmark Inc. lessened its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 5.8% during the second quarter, HoldingsChannel.com reports. The firm owned 1,159,039 shares of the company’s stock after selling 71,289 shares during the period. Assetmark Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $82,593,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC lifted its stake in Invesco S&P 500 Quality ETF by 612.2% in the first quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after acquiring an additional 453 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 349.8% in the second quarter. Farther Finance Advisors LLC now owns 3,306 shares of the company’s stock valued at $236,000 after acquiring an additional 2,571 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in Invesco S&P 500 Quality ETF in the first quarter valued at $358,000. True North Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF in the first quarter valued at $416,000. Finally, HB Wealth Management LLC acquired a new stake in Invesco S&P 500 Quality ETF in the first quarter valued at $622,000.
Invesco S&P 500 Quality ETF Price Performance
Shares of SPHQ stock opened at $74.15 on Thursday. The stock has a market cap of $15.12 billion, a P/E ratio of 25.36 and a beta of 0.92. The company has a fifty day moving average price of $73.13 and a two-hundred day moving average price of $70.93. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year 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.
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