AE Wealth Management LLC Sells 70,992 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

AE Wealth Management LLC decreased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 42.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 95,425 shares of the company’s stock after selling 70,992 shares during the period. AE Wealth Management LLC owned about 0.06% of Invesco S&P 500 Quality ETF worth $6,063,000 as of its most recent SEC filing.

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

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $67.20 on Friday. The stock has a market cap of $10.04 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a fifty-two week low of $47.72 and a fifty-two week high of $67.54. The stock has a 50 day simple moving average of $64.88 and a two-hundred day simple moving average of $62.46.

Invesco S&P 500 Quality ETF Company 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.