Tempus Wealth Planning LLC Cuts Position in Invesco S&P 500 Quality ETF $SPHQ

Tempus Wealth Planning LLC decreased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 42.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,758 shares of the company’s stock after selling 16,259 shares during the period. Tempus Wealth Planning LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,595,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Ameriprise Financial Inc. increased its position in Invesco S&P 500 Quality ETF by 68.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after buying an additional 3,741,699 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 4.6% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,413,908 shares of the company’s stock worth $616,655,000 after acquiring an additional 370,859 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 2.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,661,969 shares of the company’s stock worth $564,534,000 after acquiring an additional 200,729 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Invesco S&P 500 Quality ETF by 6.4% during the second quarter. Bank of America Corp DE now owns 4,360,942 shares of the company’s stock valued at $310,761,000 after acquiring an additional 264,199 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 61.2% in the 2nd quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after purchasing an additional 1,469,187 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $79.86 on Monday. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $79.96. The firm’s 50-day moving average is $76.46 and its 200 day moving average is $74.21. The stock has a market cap of $16.31 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92.

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.