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

BCGM Wealth Management LLC decreased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 15,785 shares of the company’s stock after selling 518 shares during the period. BCGM Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,003,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPHQ. Fiduciary Alliance LLC grew its position in Invesco S&P 500 Quality ETF by 3.1% in the first quarter. Fiduciary Alliance LLC now owns 23,511 shares of the company’s stock worth $1,420,000 after acquiring an additional 707 shares during the period. Lincoln National Corp increased its position in shares of Invesco S&P 500 Quality ETF by 1.8% during the 4th quarter. Lincoln National Corp now owns 88,257 shares of the company’s stock worth $4,773,000 after purchasing an additional 1,598 shares during the last quarter. Performa Ltd US LLC raised its holdings in Invesco S&P 500 Quality ETF by 4.3% in the 4th quarter. Performa Ltd US LLC now owns 120,217 shares of the company’s stock valued at $6,501,000 after buying an additional 4,927 shares during the period. Wealthspire Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $211,000. Finally, WT Wealth Management lifted its position in Invesco S&P 500 Quality ETF by 34.4% in the fourth quarter. WT Wealth Management now owns 21,946 shares of the company’s stock valued at $1,187,000 after buying an additional 5,620 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $66.64 on Friday. The company has a 50-day moving average of $64.30 and a two-hundred day moving average of $61.62. The firm has a market cap of $9.96 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1-year low of $47.72 and a 1-year high of $66.66.

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.