Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. cut its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 89.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,292 shares of the company’s stock after selling 74,074 shares during the quarter. Riggs Asset Managment Co. Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $608,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. CreativeOne Wealth LLC grew its position in shares of Invesco S&P 500 Quality ETF by 2.8% during the third quarter. CreativeOne Wealth LLC now owns 14,066 shares of the company’s stock worth $1,031,000 after buying an additional 386 shares in the last quarter. Ameriflex Group Inc. raised its holdings in Invesco S&P 500 Quality ETF by 1,153.7% in the third quarter. Ameriflex Group Inc. now owns 8,776 shares of the company’s stock valued at $643,000 after acquiring an additional 8,076 shares in the last quarter. Blair William & Co. IL boosted its stake in Invesco S&P 500 Quality ETF by 8.5% during the 3rd quarter. Blair William & Co. IL now owns 240,995 shares of the company’s stock valued at $17,663,000 after acquiring an additional 18,845 shares during the last quarter. Cedar Wealth Management LLC boosted its stake in Invesco S&P 500 Quality ETF by 3.0% during the 3rd quarter. Cedar Wealth Management LLC now owns 97,336 shares of the company’s stock valued at $7,134,000 after acquiring an additional 2,834 shares during the last quarter. Finally, Sequent Planning LLC grew its holdings in Invesco S&P 500 Quality ETF by 8.0% during the 3rd quarter. Sequent Planning LLC now owns 7,595 shares of the company’s stock worth $557,000 after acquiring an additional 563 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $77.36 on Friday. The company has a 50-day moving average of $78.18 and a 200-day moving average of $75.27. The company has a market capitalization of $15.80 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $81.04.

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