Intrua Financial LLC Reduces Position in Invesco S&P 500 Quality ETF $SPHQ

Intrua Financial LLC decreased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 11.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,184 shares of the company’s stock after selling 4,011 shares during the period. Intrua Financial LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,293,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Berkshire Money Management Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter valued at approximately $28,000. Independence Bank of Kentucky acquired a new position in Invesco S&P 500 Quality ETF during the second quarter worth $33,000. Resources Management Corp CT ADV purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at $44,000. Bogart Wealth LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 19.2% in the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after acquiring an additional 155 shares during the last quarter. Finally, Atlantic Private Wealth LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth $74,000.

Invesco S&P 500 Quality ETF Stock Down 1.0%

NYSEARCA SPHQ opened at $73.64 on Friday. The business’s fifty day simple moving average is $73.45 and its 200-day simple moving average is $71.66. The firm has a market cap of $15.01 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 52 week low of $57.67 and a 52 week high of $75.03.

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.