Invesco S&P 500 Quality ETF $SPHQ Stake Lessened by Clearview Wealth Management LLC

Clearview Wealth Management LLC reduced its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 26.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 297,474 shares of the company’s stock after selling 105,515 shares during the quarter. Invesco S&P 500 Quality ETF makes up 19.5% of Clearview Wealth Management LLC’s portfolio, making the stock its biggest holding. Clearview Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $25,413,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SPHQ. Cliftonlarsonallen Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $649,488,000. Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Quality ETF by 236.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock worth $606,532,000 after acquiring an additional 4,733,411 shares during the last quarter. Independence Asset Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter worth approximately $73,856,000. Sax Wealth Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 22.4% in the third quarter. Sax Wealth Advisors LLC now owns 663,646 shares of the company’s stock valued at $55,799,000 after purchasing an additional 121,595 shares during the period. Finally, Rockefeller Capital Management L.P. grew its holdings in Invesco S&P 500 Quality ETF by 440.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 657,603 shares of the company’s stock valued at $49,353,000 after purchasing an additional 535,929 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.5%

Shares of SPHQ opened at $84.88 on Friday. Invesco S&P 500 Quality ETF has a fifty-two week low of $71.57 and a fifty-two week high of $90.36. The company’s fifty day moving average is $85.24 and its two-hundred day moving average is $84.35. The firm has a market cap of $18.94 billion, a PE ratio of 25.36 and a beta of 0.91.

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