Convergence Financial LLC lowered its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 2.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 57,465 shares of the company’s stock after selling 1,347 shares during the period. Invesco S&P 500 Quality ETF makes up 0.8% of Convergence Financial LLC’s portfolio, making the stock its 26th largest holding. Convergence Financial LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,866,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the stock. Woodmont Investment Counsel LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter worth $25,000. SYM FINANCIAL Corp bought a new position in Invesco S&P 500 Quality ETF during the second quarter worth about $28,000. Blue Trust Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth about $43,000. ORG Partners LLC bought a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $45,000. Finally, Pineridge Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $47,000.
Invesco S&P 500 Quality ETF Trading Down 0.1 %
Shares of SPHQ stock opened at $66.66 on Friday. The stock has a market cap of $9.96 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1 year low of $47.72 and a 1 year high of $68.38. The stock has a 50 day simple moving average of $66.60 and a 200 day simple moving average of $63.71.
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.
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