BCGM Wealth Management LLC Sells 545 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

BCGM Wealth Management LLC cut its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,630 shares of the company’s stock after selling 545 shares during the period. BCGM Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $914,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Gateway Wealth Partners LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 2.8% during the fourth quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock valued at $362,000 after purchasing an additional 149 shares in the last quarter. Brighton Jones LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares in the last quarter. Lunt Capital Management Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 1.9% during the fourth quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock valued at $652,000 after purchasing an additional 182 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 1.9% during the fourth quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock valued at $666,000 after purchasing an additional 188 shares in the last quarter. Finally, Alta Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 2.0% during the fourth quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock valued at $644,000 after purchasing an additional 190 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Down 1.2 %

NYSEARCA:SPHQ opened at $70.13 on Monday. Invesco S&P 500 Quality ETF has a 52 week low of $57.17 and a 52 week high of $71.22. The firm has a 50 day moving average of $68.82 and a 200 day moving average of $67.62. The stock has a market capitalization of $11.87 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94.

Invesco S&P 500 Quality ETF Company 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.