NFP Retirement Inc. Has $7.33 Million Stock Position in Invesco S&P 500 Quality ETF $SPHQ

NFP Retirement Inc. trimmed its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 102,787 shares of the company’s stock after selling 2,398 shares during the period. NFP Retirement Inc. owned approximately 0.05% of Invesco S&P 500 Quality ETF worth $7,325,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the stock. LPL Financial LLC grew its holdings in Invesco S&P 500 Quality ETF by 15.2% in the first quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock worth $666,336,000 after purchasing an additional 1,325,931 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 4.1% during the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,043,049 shares of the company’s stock valued at $573,148,000 after acquiring an additional 319,087 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 45.7% during the first quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock worth $365,193,000 after purchasing an additional 1,727,685 shares during the period. Bank of New York Mellon Corp raised its position in shares of Invesco S&P 500 Quality ETF by 2.9% during the second quarter. Bank of New York Mellon Corp now owns 2,668,272 shares of the company’s stock worth $190,141,000 after purchasing an additional 74,007 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 59.8% in the 1st quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock worth $159,230,000 after purchasing an additional 897,944 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.5%

NYSEARCA SPHQ opened at $72.61 on Thursday. The company has a market cap of $14.80 billion, a P/E ratio of 25.36 and a beta of 0.92. The company has a fifty day simple moving average of $73.49 and a 200 day simple moving average of $71.89. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $75.03.

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.