Western Wealth Management LLC Cuts Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Western Wealth Management LLC trimmed its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,696 shares of the company’s stock after selling 684 shares during the period. Western Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,958,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Jackson Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 0.3% in the 3rd quarter. Jackson Wealth Management LLC now owns 96,885 shares of the company’s stock worth $4,848,000 after acquiring an additional 243 shares during the last quarter. Fidelity D & D Bancorp Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $2,977,000. Blue Trust Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at about $156,000. Prime Capital Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth approximately $461,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth approximately $735,000.

Invesco S&P 500 Quality ETF Stock Down 0.3 %

Shares of Invesco S&P 500 Quality ETF stock traded down $0.19 on Thursday, reaching $58.00. The stock had a trading volume of 1,109,870 shares, compared to its average volume of 1,051,112. The company has a 50 day moving average price of $59.05 and a 200 day moving average price of $54.82. Invesco S&P 500 Quality ETF has a 1 year low of $46.71 and a 1 year high of $60.77. The stock has a market capitalization of $8.41 billion, a P/E ratio of 21.97 and a beta of 0.96.

Invesco S&P 500 Quality ETF 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.