Invesco S&P 500 Quality ETF $SPHQ Stock Sold by Fifth Third Bancorp

Fifth Third Bancorp cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 15.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 326,577 shares of the company’s stock after selling 60,041 shares during the period. Fifth Third Bancorp’s holdings in Invesco S&P 500 Quality ETF were worth $27,459,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the business. Trinity Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 154.0% in the 2nd quarter. Trinity Wealth Management LLC now owns 35,770 shares of the company’s stock valued at $3,223,000 after purchasing an additional 21,689 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at $3,021,000. NewEdge Advisors LLC grew its position in Invesco S&P 500 Quality ETF by 10.6% during the second quarter. NewEdge Advisors LLC now owns 162,662 shares of the company’s stock valued at $14,656,000 after buying an additional 15,539 shares during the period. Advisory Solutions Group LLC purchased a new position in Invesco S&P 500 Quality ETF during the second quarter valued at $1,990,000. Finally, QRG Capital Management Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 1,180.3% in the second quarter. QRG Capital Management Inc. now owns 57,986 shares of the company’s stock worth $5,225,000 after buying an additional 53,457 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $83.93 on Friday. The company has a market capitalization of $18.80 billion, a P/E ratio of 23.64 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 1 year low of $71.57 and a 1 year high of $90.36. The company has a 50 day simple moving average of $84.25 and a 200-day simple moving average of $82.99.

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