Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Providence First Trust Co

Providence First Trust Co trimmed its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 25.6% in the third quarter, HoldingsChannel reports. The firm owned 46,407 shares of the company’s stock after selling 15,996 shares during the period. Invesco S&P 500 Quality ETF makes up about 1.3% of Providence First Trust Co’s portfolio, making the stock its 15th largest position. Providence First Trust Co’s holdings in Invesco S&P 500 Quality ETF were worth $3,902,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of SPHQ. Tompkins Financial Corp bought a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at $25,000. Cassaday & Co Wealth Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth about $27,000. William Mack & Associates Inc. bought a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth about $34,000. Family Capital Trust Co bought a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $42,000. Finally, Continuum Advisory LLC bought a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $48,000.

Invesco S&P 500 Quality ETF Trading Up 0.1%

SPHQ stock traded up $0.07 during trading on Friday, reaching $81.15. 2,491,876 shares of the stock were exchanged, compared to its average volume of 1,602,530. The firm’s 50 day moving average is $84.35 and its 200 day moving average is $82.82. Invesco S&P 500 Quality ETF has a twelve month low of $71.57 and a twelve month high of $90.36. The firm has a market cap of $18.15 billion, a P/E ratio of 25.36 and a beta of 0.91.

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