Axxcess Wealth Management LLC Has $897,000 Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Axxcess Wealth Management LLC lessened its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 7.0% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,338 shares of the company’s stock after selling 1,006 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $897,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPHQ. SYM FINANCIAL Corp bought a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter valued at $28,000. Abich Financial Wealth Management LLC bought a new position in Invesco S&P 500 Quality ETF in the third quarter worth about $38,000. Blue Trust Inc. bought a new position in Invesco S&P 500 Quality ETF in the third quarter worth about $43,000. ORG Partners LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the second quarter valued at approximately $45,000. Finally, Pineridge Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the first quarter valued at approximately $47,000.

Invesco S&P 500 Quality ETF Stock Down 0.2 %

Shares of SPHQ opened at $68.37 on Wednesday. Invesco S&P 500 Quality ETF has a twelve month low of $50.79 and a twelve month high of $68.75. The company has a market capitalization of $10.22 billion, a P/E ratio of 22.60 and a beta of 0.98. The firm has a 50 day moving average of $66.89 and a 200 day moving average of $64.49.

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.