Invesco S&P 500 Quality ETF $SPHQ Stock Sold by Clearview Wealth Management LLC

Clearview Wealth Management LLC lessened its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 26.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 297,474 shares of the company’s stock after selling 105,515 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 19.5% of Clearview Wealth Management LLC’s investment portfolio, making the stock its largest position. Clearview Wealth Management LLC owned approximately 0.13% of Invesco S&P 500 Quality ETF worth $25,413,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sherman Wealth Management LLC raised its holdings in Invesco S&P 500 Quality ETF by 24.7% during the third quarter. Sherman Wealth Management LLC now owns 26,160 shares of the company’s stock worth $2,200,000 after purchasing an additional 5,185 shares during the last quarter. Fortitude Advisory Group L.L.C. grew its holdings in Invesco S&P 500 Quality ETF by 25.9% in the third quarter. Fortitude Advisory Group L.L.C. now owns 10,661 shares of the company’s stock valued at $896,000 after purchasing an additional 2,190 shares during the last quarter. WealthPlan Investment Management LLC grew its holdings in Invesco S&P 500 Quality ETF by 3.1% in the third quarter. WealthPlan Investment Management LLC now owns 17,469 shares of the company’s stock valued at $1,469,000 after purchasing an additional 523 shares during the last quarter. Nvwm LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth $114,000. Finally, HBW Advisory Services LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 1.2% in the 3rd quarter. HBW Advisory Services LLC now owns 10,350 shares of the company’s stock worth $870,000 after buying an additional 119 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.5%

Shares of SPHQ opened at $84.88 on Friday. Invesco S&P 500 Quality ETF has a 12-month low of $71.57 and a 12-month high of $90.36. The stock has a market cap of $18.94 billion, a P/E ratio of 25.36 and a beta of 0.91. The company has a 50-day moving average of $85.24 and a two-hundred day moving average of $84.35.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.