Invesco S&P 500 Quality ETF $SPHQ Shares Sold by Meitav Investment House Ltd.

Meitav Investment House Ltd. cut its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 42.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,138 shares of the company’s stock after selling 66,042 shares during the quarter. Meitav Investment House Ltd.’s holdings in Invesco S&P 500 Quality ETF were worth $6,497,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Seamount Financial Group Inc. raised its stake in Invesco S&P 500 Quality ETF by 5.5% during the second quarter. Seamount Financial Group Inc. now owns 14,665 shares of the company’s stock worth $1,045,000 after purchasing an additional 767 shares during the period. Berkshire Money Management Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at approximately $28,000. Cedar Mountain Advisors LLC lifted its holdings in Invesco S&P 500 Quality ETF by 1.9% in the second quarter. Cedar Mountain Advisors LLC now owns 170,539 shares of the company’s stock valued at $12,153,000 after acquiring an additional 3,121 shares during the last quarter. DAVENPORT & Co LLC grew its position in Invesco S&P 500 Quality ETF by 8.7% in the second quarter. DAVENPORT & Co LLC now owns 24,628 shares of the company’s stock worth $1,755,000 after acquiring an additional 1,963 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its stake in Invesco S&P 500 Quality ETF by 5.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 30,011 shares of the company’s stock worth $2,139,000 after acquiring an additional 1,448 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.1%

Shares of Invesco S&P 500 Quality ETF stock opened at $74.00 on Tuesday. The firm has a market cap of $15.18 billion, a PE ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 52 week low of $57.67 and a 52 week high of $74.45. The business’s fifty day simple moving average is $72.48 and its 200-day simple moving average is $69.77.

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.