Trilogy Capital Inc. Cuts Stock Position in Invesco S&P 500 Quality ETF $SPHQ

Trilogy Capital Inc. cut its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 37.3% in the third quarter, HoldingsChannel.com reports. The firm owned 107,136 shares of the company’s stock after selling 63,870 shares during the period. Trilogy Capital Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $7,852,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Baird Financial Group Inc. grew its holdings in Invesco S&P 500 Quality ETF by 458.9% in the second quarter. Baird Financial Group Inc. now owns 208,184 shares of the company’s stock worth $14,835,000 after purchasing an additional 170,936 shares during the last quarter. Crestwood Advisors Group LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 3.4% in the 2nd quarter. Crestwood Advisors Group LLC now owns 39,672 shares of the company’s stock worth $2,827,000 after purchasing an additional 1,323 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Quality ETF by 9.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,843,952 shares of the company’s stock worth $131,400,000 after purchasing an additional 161,638 shares in the last quarter. CW Advisors LLC grew its stake in Invesco S&P 500 Quality ETF by 72.8% during the 2nd quarter. CW Advisors LLC now owns 17,122 shares of the company’s stock worth $1,220,000 after buying an additional 7,216 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. increased its position in Invesco S&P 500 Quality ETF by 14.8% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 53,100 shares of the company’s stock valued at $3,892,000 after buying an additional 6,850 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $77.35 on Friday. The stock has a market cap of $15.50 billion, a PE ratio of 25.36 and a beta of 0.92. The stock has a 50-day moving average of $74.77 and a two-hundred day moving average of $73.31. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $77.46.

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