Invesco S&P 500 Quality ETF $SPHQ Position Lowered by Evensky & Katz LLC

Evensky & Katz LLC reduced its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 771,432 shares of the company’s stock after selling 12,048 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 3.4% of Evensky & Katz LLC’s investment portfolio, making the stock its 10th biggest position. Evensky & Katz LLC’s holdings in Invesco S&P 500 Quality ETF were worth $54,972,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. LPL Financial LLC lifted its position in Invesco S&P 500 Quality ETF by 15.2% during the first quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock valued at $666,336,000 after buying an additional 1,325,931 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 4.1% in the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,043,049 shares of the company’s stock valued at $573,148,000 after acquiring an additional 319,087 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 45.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock valued at $365,193,000 after acquiring an additional 1,727,685 shares during the period. Fifth Third Bancorp lifted its holdings in shares of Invesco S&P 500 Quality ETF by 0.3% during the 1st quarter. Fifth Third Bancorp now owns 4,347,485 shares of the company’s stock valued at $288,412,000 after acquiring an additional 14,721 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Invesco S&P 500 Quality ETF by 37.0% during the 1st quarter. Bank of New York Mellon Corp now owns 2,594,265 shares of the company’s stock worth $172,104,000 after purchasing an additional 700,168 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.0%

Shares of NYSEARCA SPHQ opened at $73.95 on Monday. The stock has a fifty day moving average price of $72.45 and a 200 day moving average price of $69.72. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $74.45. The company has a market cap of $15.18 billion, a P/E ratio of 25.36 and a beta of 0.94.

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.