TruWealth Advisors LLC Decreases Stake in Invesco S&P 500 Quality ETF $SPHQ

TruWealth Advisors LLC decreased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 248,247 shares of the company’s stock after selling 9,817 shares during the quarter. TruWealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $18,631,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in SPHQ. Ancora Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth $35,000. Dunhill Financial LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 10,060.0% in the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock valued at $37,000 after purchasing an additional 503 shares during the period. Burkett Financial Services LLC purchased a new stake in Invesco S&P 500 Quality ETF during the third quarter worth about $37,000. Grey Fox Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF during the third quarter worth about $47,000. Finally, Smartleaf Asset Management LLC grew its position in Invesco S&P 500 Quality ETF by 197.3% during the third quarter. Smartleaf Asset Management LLC now owns 779 shares of the company’s stock worth $57,000 after buying an additional 517 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 1.0%

Shares of Invesco S&P 500 Quality ETF stock opened at $75.24 on Friday. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $81.04. The stock has a market cap of $15.37 billion, a PE ratio of 25.36 and a beta of 0.92. The company has a 50-day moving average of $78.30 and a two-hundred day moving average of $75.55.

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.