Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by HM Payson & Co.

HM Payson & Co. lowered its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,499 shares of the company’s stock after selling 632 shares during the period. HM Payson & Co.’s holdings in Invesco S&P 500 Quality ETF were worth $1,648,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its stake in Invesco S&P 500 Quality ETF by 38.6% in the 1st quarter. Private Advisor Group LLC now owns 200,795 shares of the company’s stock worth $12,132,000 after acquiring an additional 55,876 shares during the period. Mission Wealth Management LP increased its stake in Invesco S&P 500 Quality ETF by 92.7% in the first quarter. Mission Wealth Management LP now owns 11,601 shares of the company’s stock valued at $701,000 after purchasing an additional 5,582 shares during the last quarter. BOK Financial Private Wealth Inc. purchased a new position in Invesco S&P 500 Quality ETF during the first quarter worth about $105,000. Janney Montgomery Scott LLC boosted its stake in Invesco S&P 500 Quality ETF by 2.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 42,071 shares of the company’s stock worth $2,542,000 after buying an additional 938 shares during the last quarter. Finally, Lincoln National Corp grew its holdings in Invesco S&P 500 Quality ETF by 1.6% in the 1st quarter. Lincoln National Corp now owns 89,682 shares of the company’s stock valued at $5,419,000 after buying an additional 1,425 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $65.67 on Friday. The company has a market cap of $9.81 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 12 month low of $48.22 and a 12 month high of $68.38. The company has a 50-day moving average of $66.66 and a 200-day moving average of $63.88.

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.