SteelPeak Wealth LLC Sells 279 Shares of Invesco S&P 500 Quality ETF $SPHQ

SteelPeak Wealth LLC lessened its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,277 shares of the company’s stock after selling 279 shares during the quarter. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 Quality ETF were worth $875,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after buying an additional 151 shares during the last quarter. Gateway Wealth Partners LLC increased its position in Invesco S&P 500 Quality ETF by 2.8% during the 1st quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock worth $368,000 after buying an additional 152 shares during the period. Trek Financial LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 3.1% in the first quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock valued at $377,000 after acquiring an additional 169 shares during the period. Sequoia Financial Advisors LLC increased its position in Invesco S&P 500 Quality ETF by 2.5% during the first quarter. Sequoia Financial Advisors LLC now owns 8,463 shares of the company’s stock worth $561,000 after acquiring an additional 204 shares during the period. Finally, Hartford Financial Management Inc. increased its position in Invesco S&P 500 Quality ETF by 0.3% during the first quarter. Hartford Financial Management Inc. now owns 73,385 shares of the company’s stock worth $4,868,000 after acquiring an additional 216 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.2%

NYSEARCA SPHQ opened at $73.86 on Thursday. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $74.45. The firm has a 50-day moving average price of $72.54 and a two-hundred day moving average price of $69.83. The company has a market capitalization of $15.15 billion, a P/E ratio of 25.36 and a beta of 0.94.

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.