Vigilare Wealth Management Reduces Position in Invesco S&P 500 Quality ETF $SPHQ

Vigilare Wealth Management lowered its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.7% in the second quarter, Holdings Channel.com reports. The firm owned 195,028 shares of the company’s stock after selling 13,976 shares during the period. Invesco S&P 500 Quality ETF comprises approximately 5.4% of Vigilare Wealth Management’s investment portfolio, making the stock its 3rd biggest holding. Vigilare Wealth Management’s holdings in Invesco S&P 500 Quality ETF were worth $17,572,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPHQ. Capital Advisors Ltd. LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 44.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 42,599 shares of the company’s stock valued at $3,197,000 after buying an additional 13,025 shares during the last quarter. Demars Financial Group LLC grew its holdings in Invesco S&P 500 Quality ETF by 4.6% during the fourth quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock worth $48,004,000 after buying an additional 28,275 shares in the last quarter. Eagle Strategies LLC raised its position in Invesco S&P 500 Quality ETF by 4.7% in the 4th quarter. Eagle Strategies LLC now owns 217,882 shares of the company’s stock valued at $16,352,000 after buying an additional 9,845 shares during the last quarter. Invariant Investment Management purchased a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at $510,000. Finally, Trilogy Capital Inc. lifted its stake in Invesco S&P 500 Quality ETF by 9.9% during the 4th quarter. Trilogy Capital Inc. now owns 117,777 shares of the company’s stock valued at $8,839,000 after acquiring an additional 10,641 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.6%

Shares of NYSEARCA:SPHQ opened at $85.14 on Tuesday. The stock has a market cap of $19.57 billion, a PE ratio of 25.36 and a beta of 0.90. The stock’s fifty day simple moving average is $86.56 and its two-hundred day simple moving average is $81.65. Invesco S&P 500 Quality ETF has a 1-year low of $70.95 and a 1-year high of $90.36.

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