Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. decreased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.5% during the second quarter, HoldingsChannel reports. The firm owned 32,056 shares of the company’s stock after selling 174 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $2,037,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. GPS Wealth Strategies Group LLC raised its position in Invesco S&P 500 Quality ETF by 25.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,016 shares of the company’s stock worth $65,000 after buying an additional 208 shares during the last quarter. SteelPeak Wealth LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 1.2% during the second quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock worth $1,171,000 after purchasing an additional 219 shares during the last quarter. Verdence Capital Advisors LLC lifted its position in Invesco S&P 500 Quality ETF by 2.7% during the first quarter. Verdence Capital Advisors LLC now owns 8,322 shares of the company’s stock valued at $503,000 after purchasing an additional 222 shares during the period. MADDEN SECURITIES Corp boosted its holdings in Invesco S&P 500 Quality ETF by 1.4% in the second quarter. MADDEN SECURITIES Corp now owns 20,192 shares of the company’s stock valued at $1,283,000 after purchasing an additional 284 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in Invesco S&P 500 Quality ETF by 2.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 11,718 shares of the company’s stock worth $745,000 after purchasing an additional 291 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.6 %

Shares of SPHQ stock opened at $66.73 on Friday. Invesco S&P 500 Quality ETF has a 52-week low of $47.72 and a 52-week high of $66.86. The stock has a market cap of $9.97 billion, a PE ratio of 22.60 and a beta of 0.98. The business has a 50-day simple moving average of $64.64 and a 200-day simple moving average of $62.15.

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.