Sound View Wealth Advisors Group LLC Sells 15,139 Shares of Invesco S&P 500 Quality ETF $SPHQ

Sound View Wealth Advisors Group LLC decreased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 7.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 198,587 shares of the company’s stock after selling 15,139 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 1.0% of Sound View Wealth Advisors Group LLC’s investment portfolio, making the stock its 25th largest holding. Sound View Wealth Advisors Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $14,554,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 68.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after acquiring an additional 3,741,699 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter worth $245,312,000. Raymond James Financial Inc. increased its stake in Invesco S&P 500 Quality ETF by 61.2% in the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock valued at $275,733,000 after purchasing an additional 1,469,187 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 56.1% during the third quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock valued at $212,016,000 after purchasing an additional 1,039,995 shares during the period. Finally, Compass Ion Advisors LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 1,614.2% during the third quarter. Compass Ion Advisors LLC now owns 718,232 shares of the company’s stock valued at $52,639,000 after purchasing an additional 676,332 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock opened at $80.41 on Monday. The company’s 50-day moving average is $77.40 and its 200-day moving average is $74.76. The stock has a market capitalization of $16.43 billion, a PE 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 $80.58.

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.