Total Clarity Wealth Management Inc. Sells 12,592 Shares of Invesco S&P 500 Quality ETF $SPHQ

Total Clarity Wealth Management Inc. lowered its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 46.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,688 shares of the company’s stock after selling 12,592 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,076,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after purchasing an additional 3,741,699 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its stake in Invesco S&P 500 Quality ETF by 4.6% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,413,908 shares of the company’s stock worth $616,655,000 after purchasing an additional 370,859 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Invesco S&P 500 Quality ETF by 2.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,661,969 shares of the company’s stock worth $564,534,000 after buying an additional 200,729 shares during the period. Bank of America Corp DE lifted its stake in Invesco S&P 500 Quality ETF by 6.4% in the second quarter. Bank of America Corp DE now owns 4,360,942 shares of the company’s stock valued at $310,761,000 after buying an additional 264,199 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 61.2% in the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock valued at $275,733,000 after buying an additional 1,469,187 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.5%

Shares of SPHQ stock opened at $80.68 on Thursday. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $80.97. The firm has a fifty day moving average of $77.68 and a 200-day moving average of $74.91. The company has a market capitalization of $16.48 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92.

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.