Silicon Valley Capital Partners Sells 533 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Silicon Valley Capital Partners decreased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,304 shares of the company’s stock after selling 533 shares during the period. Silicon Valley Capital Partners’ holdings in Invesco S&P 500 Quality ETF were worth $1,568,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in Invesco S&P 500 Quality ETF by 1,479.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock valued at $804,114,000 after acquiring an additional 11,854,003 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 5.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock worth $527,025,000 after buying an additional 376,770 shares in the last quarter. LPL Financial LLC boosted its stake in Invesco S&P 500 Quality ETF by 12.2% during the second quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock valued at $483,033,000 after buying an additional 825,232 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 3.7% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,280,618 shares of the company’s stock valued at $489,767,000 after buying an additional 260,719 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Invesco S&P 500 Quality ETF by 5.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,794,452 shares of the company’s stock worth $114,019,000 after acquiring an additional 94,748 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $65.89 on Monday. The firm has a fifty day moving average price of $66.66 and a 200 day moving average price of $63.98. Invesco S&P 500 Quality ETF has a fifty-two week low of $49.31 and a fifty-two week high of $68.38. The firm has a market cap of $9.85 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.