Fidelity D & D Bancorp Inc. Cuts Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Fidelity D & D Bancorp Inc. cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,640 shares of the company’s stock after selling 410 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 2.1% of Fidelity D & D Bancorp Inc.’s portfolio, making the stock its 12th biggest holding. Fidelity D & D Bancorp Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $2,836,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPHQ. Woodmont Investment Counsel LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth $25,000. ORG Partners LLC purchased a new stake in Invesco S&P 500 Quality ETF during the second quarter worth about $45,000. Pineridge Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF during the first quarter worth about $47,000. Sound Income Strategies LLC increased 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 in the last quarter. Finally, Mitchell Sinkler & Starr PA acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $60,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $64.35 on Friday. The firm has a market capitalization of $9.62 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The business’s 50 day simple moving average is $64.46 and its 200-day simple moving average is $61.87. Invesco S&P 500 Quality ETF has a 12 month low of $47.72 and a 12 month high of $66.66.

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.