Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Sold by MAI Capital Management

MAI Capital Management cut its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 7.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,355 shares of the company’s stock after selling 10,270 shares during the quarter. MAI Capital Management owned about 0.08% of Invesco S&P 500 Quality ETF worth $8,164,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. SYM FINANCIAL Corp acquired a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter valued at approximately $28,000. Abich Financial Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $38,000. Blue Trust Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $43,000. ORG Partners LLC purchased a new position in Invesco S&P 500 Quality ETF during the second quarter worth about $45,000. Finally, Pineridge Advisors LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $47,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $67.36 on Tuesday. The company has a market capitalization of $10.07 billion, a P/E ratio of 22.60 and a beta of 0.98. The company has a 50 day simple moving average of $67.10 and a 200-day simple moving average of $64.75. Invesco S&P 500 Quality ETF has a 1 year low of $51.50 and a 1 year high of $68.75.

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.