Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by SteelPeak Wealth LLC

SteelPeak Wealth LLC decreased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 20.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,564 shares of the company’s stock after selling 3,858 shares during the quarter. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 Quality ETF were worth $980,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealthspire Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF in the first quarter valued at approximately $211,000. Clarius Group LLC increased its stake in Invesco S&P 500 Quality ETF by 18.7% in the third quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after purchasing an additional 750 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF in the second quarter valued at approximately $796,000. ACT Advisors LLC. increased its stake in Invesco S&P 500 Quality ETF by 2.3% in the third quarter. ACT Advisors LLC. now owns 286,908 shares of the company’s stock valued at $19,300,000 after purchasing an additional 6,397 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in Invesco S&P 500 Quality ETF by 38.6% in the first quarter. Private Advisor Group LLC now owns 200,795 shares of the company’s stock valued at $12,132,000 after purchasing an additional 55,876 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.3 %

Shares of Invesco S&P 500 Quality ETF stock opened at $66.67 on Thursday. The firm has a market capitalization of $9.96 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52 week low of $48.22 and a 52 week high of $68.38. The firm’s 50 day moving average is $66.64 and its two-hundred day moving average is $63.86.

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.