Farther Finance Advisors LLC Trims Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Farther Finance Advisors LLC cut its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQFree Report) by 87.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 845 shares of the company’s stock after selling 5,770 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $57,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPHQ. SYM FINANCIAL Corp bought a new position in shares of Invesco S&P 500 Quality ETF during the second quarter worth $28,000. Abich Financial Wealth Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth $38,000. Blue Trust Inc. bought a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth $43,000. ORG Partners LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the second quarter worth $45,000. Finally, Pineridge Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the first quarter worth $47,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $68.35 on Thursday. The firm has a fifty day moving average price of $66.95 and a 200 day moving average price of $64.51. Invesco S&P 500 Quality ETF has a fifty-two week low of $51.35 and a fifty-two week high of $68.75. The firm has a market cap of $10.21 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

About Invesco S&P 500 Quality ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

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