Graves Light Lenhart Wealth Inc. Cuts Stock Position in Invesco S&P 500 Quality ETF $SPHQ

Graves Light Lenhart Wealth Inc. trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 234,840 shares of the company’s stock after selling 7,185 shares during the period. Invesco S&P 500 Quality ETF comprises 1.8% of Graves Light Lenhart Wealth Inc.’s holdings, making the stock its 22nd largest position. Graves Light Lenhart Wealth Inc. owned approximately 0.11% of Invesco S&P 500 Quality ETF worth $19,745,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPHQ. Trinity Wealth Management LLC lifted its stake in Invesco S&P 500 Quality ETF by 154.0% in the second quarter. Trinity Wealth Management LLC now owns 35,770 shares of the company’s stock valued at $3,223,000 after acquiring an additional 21,689 shares during the last quarter. TSG Advice Partners LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 439.9% during the 1st quarter. TSG Advice Partners LLC now owns 89,803 shares of the company’s stock worth $6,752,000 after acquiring an additional 73,169 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 10.6% during the 2nd quarter. NewEdge Advisors LLC now owns 162,662 shares of the company’s stock worth $14,656,000 after acquiring an additional 15,539 shares during the last quarter. Compass Financial Group Inc. Ohio acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $2,933,000. Finally, Total Clarity Wealth Management Inc. raised its stake in Invesco S&P 500 Quality ETF by 46.9% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 20,294 shares of the company’s stock valued at $1,526,000 after acquiring an additional 6,482 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $85.50 on Friday. The business has a fifty day simple moving average of $85.31 and a two-hundred day simple moving average of $84.01. Invesco S&P 500 Quality ETF has a 1 year low of $71.57 and a 1 year high of $90.36. The company has a market capitalization of $18.97 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91.

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.