Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Siligmueller & Norvid Wealth Advisors LLC

Siligmueller & Norvid Wealth Advisors LLC reduced its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 80.4% during the 3rd quarter, Holdings Channel reports. The fund owned 10,448 shares of the company’s stock after selling 42,994 shares during the quarter. Siligmueller & Norvid Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $766,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Baird Financial Group Inc. increased its stake in Invesco S&P 500 Quality ETF by 458.9% in the second quarter. Baird Financial Group Inc. now owns 208,184 shares of the company’s stock valued at $14,835,000 after purchasing an additional 170,936 shares during the last quarter. Crestwood Advisors Group LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 3.4% in the 2nd quarter. Crestwood Advisors Group LLC now owns 39,672 shares of the company’s stock valued at $2,827,000 after buying an additional 1,323 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Quality ETF by 9.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,843,952 shares of the company’s stock valued at $131,400,000 after buying an additional 161,638 shares during the last quarter. CW Advisors LLC raised its stake in Invesco S&P 500 Quality ETF by 72.8% during the 2nd quarter. CW Advisors LLC now owns 17,122 shares of the company’s stock worth $1,220,000 after acquiring an additional 7,216 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. lifted its position in Invesco S&P 500 Quality ETF by 14.8% in the third quarter. Redhawk Wealth Advisors Inc. now owns 53,100 shares of the company’s stock valued at $3,892,000 after acquiring an additional 6,850 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $80.41 on Friday. The stock’s 50-day moving average is $77.40 and its two-hundred day moving average is $74.71. The firm has a market cap of $16.43 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $80.58.

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.