Invesco S&P 500 Quality ETF $SPHQ is Tidemark LLC’s 4th Largest Position

Tidemark LLC lessened its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 13.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 219,643 shares of the company’s stock after selling 33,620 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 4.7% of Tidemark LLC’s portfolio, making the stock its 4th largest holding. Tidemark LLC’s holdings in Invesco S&P 500 Quality ETF were worth $16,098,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Berkshire Money Management Inc. purchased a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $28,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $47,000. Bogart Wealth LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 19.2% in the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after buying an additional 155 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new position in Invesco S&P 500 Quality ETF during the second quarter worth about $72,000. Finally, Private Wealth Asset Management LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter valued at about $92,000.

Invesco S&P 500 Quality ETF Trading Down 0.0%

SPHQ stock opened at $77.78 on Thursday. The firm has a 50-day moving average of $75.78 and a two-hundred day moving average of $73.85. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $78.09. The company has a market cap of $15.83 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.