EverSource Wealth Advisors LLC Sells 770 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

EverSource Wealth Advisors LLC decreased its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 7.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,493 shares of the company’s stock after selling 770 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $613,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPHQ. Woodmont Investment Counsel LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter valued at about $25,000. SYM FINANCIAL Corp bought a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at approximately $28,000. ORG Partners LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $45,000. Pineridge Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $47,000. Finally, Wetzel Investment Advisors Inc. increased its position 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 valued at $53,000 after acquiring an additional 375 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $67.20 on Tuesday. The company has a market capitalization of $10.04 billion, a P/E ratio of 22.60 and a beta of 0.98. The company has a fifty day moving average price of $64.92 and a 200-day moving average price of $62.54. Invesco S&P 500 Quality ETF has a 52-week low of $47.72 and a 52-week high of $67.54.

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.