WESPAC Advisors LLC Sells 1,455 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

WESPAC Advisors LLC lowered its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,177 shares of the company’s stock after selling 1,455 shares during the period. WESPAC Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $964,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Woodmont Investment Counsel LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at about $25,000. Glassman Wealth Services boosted its stake in shares of Invesco S&P 500 Quality ETF by 121.7% in the 4th quarter. Glassman Wealth Services now owns 510 shares of the company’s stock valued at $28,000 after purchasing an additional 280 shares during the last quarter. ORG Partners LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the second quarter worth $45,000. Pineridge Advisors LLC bought a new position in Invesco S&P 500 Quality ETF during the first quarter worth $47,000. Finally, Sound Income Strategies LLC lifted its holdings in Invesco S&P 500 Quality ETF by 58.0% in the first quarter. Sound Income Strategies LLC now owns 915 shares of the company’s stock valued at $55,000 after buying an additional 336 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 1.0 %

SPHQ traded up $0.68 during trading on Friday, reaching $66.64. 616,172 shares of the stock traded hands, compared to its average volume of 973,840. The stock’s 50-day moving average is $64.30 and its 200 day moving average is $61.59. Invesco S&P 500 Quality ETF has a 12 month low of $47.72 and a 12 month high of $66.66. The stock has a market capitalization of $9.96 billion, a PE ratio of 22.60 and a beta of 0.98.

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.