Invesco S&P 500 Quality ETF $SPHQ Stake Trimmed by Capital Planning Advisors LLC

Capital Planning Advisors LLC lessened its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 475,978 shares of the company’s stock after selling 31,252 shares during the period. Invesco S&P 500 Quality ETF comprises 4.8% of Capital Planning Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Capital Planning Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $34,884,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth approximately $47,000. Smartleaf Asset Management LLC boosted its stake in Invesco S&P 500 Quality ETF by 197.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 779 shares of the company’s stock worth $57,000 after purchasing an additional 517 shares during the period. Bogart Wealth LLC boosted its stake in 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 purchasing an additional 155 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $72,000. Finally, Capital Investment Advisory Services LLC raised its stake in Invesco S&P 500 Quality ETF by 64.8% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 1,228 shares of the company’s stock valued at $90,000 after purchasing an additional 483 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.8%

SPHQ opened at $79.39 on Monday. The firm has a market capitalization of $16.22 billion, a P/E ratio of 25.36 and a beta of 0.92. The stock has a fifty day moving average of $76.94 and a 200-day moving average of $74.46. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $80.58.

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.