ICA Group Wealth Management LLC Lowers Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

ICA Group Wealth Management LLC cut its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 84.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,920 shares of the company’s stock after selling 10,538 shares during the period. ICA Group Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $122,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of SPHQ. Woodmont Investment Counsel LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $25,000. SYM FINANCIAL Corp bought a new position in shares of Invesco S&P 500 Quality ETF during the second quarter worth $28,000. ORG Partners LLC purchased a new position in Invesco S&P 500 Quality ETF during the second quarter valued at $45,000. Pineridge Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at $47,000. Finally, Wetzel Investment Advisors Inc. lifted its stake in Invesco S&P 500 Quality ETF by 75.0% in the 2nd quarter. Wetzel Investment Advisors Inc. now owns 875 shares of the company’s stock worth $53,000 after purchasing an additional 375 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.6 %

Shares of Invesco S&P 500 Quality ETF stock opened at $66.73 on Monday. Invesco S&P 500 Quality ETF has a twelve month low of $47.72 and a twelve month high of $66.86. The business has a 50-day moving average price of $64.64 and a 200-day moving average price of $62.20. The firm has a market cap of $9.97 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

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.