NorthRock Partners LLC Lowers Stock Position in Invesco S&P 500 Quality ETF $SPHQ

NorthRock Partners LLC lessened its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 53.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,475 shares of the company’s stock after selling 118,754 shares during the period. NorthRock Partners LLC’s holdings in Invesco S&P 500 Quality ETF were worth $9,503,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MTM Investment Management LLC purchased a new position in Invesco S&P 500 Quality ETF during the 4th quarter valued at about $26,000. Cassaday & Co Wealth Management LLC purchased a new stake in Invesco S&P 500 Quality ETF in the first quarter worth about $27,000. Bell Investment Advisors Inc bought a new position in shares of Invesco S&P 500 Quality ETF during the first quarter valued at approximately $28,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $29,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $33,000.

Invesco S&P 500 Quality ETF Stock Down 0.3%

Invesco S&P 500 Quality ETF stock opened at $85.06 on Wednesday. The company has a market capitalization of $19.54 billion, a P/E ratio of 25.36 and a beta of 0.91. The stock’s 50 day moving average is $86.05 and its 200 day moving average is $83.07. 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 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.