Invesco S&P 500 Quality ETF $SPHQ Stock Sold by Vaquero Private Wealth Ltd.

Vaquero Private Wealth Ltd. decreased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 9.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 111,932 shares of the company’s stock after selling 11,296 shares during the period. Invesco S&P 500 Quality ETF makes up 2.0% of Vaquero Private Wealth Ltd.’s investment portfolio, making the stock its 10th biggest position. Vaquero Private Wealth Ltd.’s holdings in Invesco S&P 500 Quality ETF were worth $9,411,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SPHQ. Lynx Investment Advisory lifted its stake in shares of Invesco S&P 500 Quality ETF by 5.5% in the third quarter. Lynx Investment Advisory now owns 148,608 shares of the company’s stock worth $12,495,000 after acquiring an additional 7,754 shares during the period. Evensky & Katz LLC bought a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $64,261,000. William Mack & Associates Inc. acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $34,000. SYM FINANCIAL Corp acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $89,000. Finally, MBE Wealth Management LLC increased its position in Invesco S&P 500 Quality ETF by 54.8% during the 3rd quarter. MBE Wealth Management LLC now owns 3,729 shares of the company’s stock valued at $314,000 after purchasing an additional 1,320 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $84.17 on Thursday. Invesco S&P 500 Quality ETF has a 52-week low of $71.57 and a 52-week high of $90.36. The firm has a 50 day moving average price of $84.77 and a two-hundred day moving average price of $82.62. The firm has a market cap of $18.79 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.