WCG Wealth Advisors LLC Trims Position in Invesco S&P 500 Quality ETF $SPHQ

WCG Wealth Advisors LLC trimmed its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 23.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 156,979 shares of the company’s stock after selling 48,480 shares during the period. WCG Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $11,505,000 at the end of the most recent reporting period.

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

Invesco S&P 500 Quality ETF Trading Down 0.2%

NYSEARCA:SPHQ opened at $75.96 on Friday. The stock has a 50-day moving average price of $78.35 and a 200 day moving average price of $75.42. The stock has a market capitalization of $15.52 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $81.04.

Invesco S&P 500 Quality ETF 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.