Axxcess Wealth Management LLC Sells 461 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Axxcess Wealth Management LLC reduced its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,344 shares of the company’s stock after selling 461 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $911,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Woodmont Investment Counsel LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at $25,000. SYM FINANCIAL Corp bought a new position in shares of Invesco S&P 500 Quality ETF during the second quarter valued at about $28,000. ORG Partners LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the second quarter valued at about $45,000. Pineridge Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the first quarter worth about $47,000. Finally, Wetzel Investment Advisors Inc. lifted its stake in shares of 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 valued at $53,000 after acquiring an additional 375 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $67.31 on Friday. The business has a 50-day moving average of $64.77 and a 200 day moving average of $62.34. The stock has a market capitalization of $10.06 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1-year low of $47.72 and a 1-year high of $67.54.

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.