Tempus Wealth Planning LLC Decreases Stock Position in Invesco S&P 500 Quality ETF $SPHQ

Tempus Wealth Planning LLC cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 42.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,758 shares of the company’s stock after selling 16,259 shares during the quarter. Tempus Wealth Planning LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,595,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares during the last quarter. AQR Capital Management LLC increased its holdings in Invesco S&P 500 Quality ETF by 51.2% in the 1st quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock worth $388,000 after buying an additional 1,983 shares in the last quarter. Empowered Funds LLC purchased a new position in Invesco S&P 500 Quality ETF in the 1st quarter worth about $875,000. Jane Street Group LLC lifted its stake in Invesco S&P 500 Quality ETF by 29.2% during the 1st quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after acquiring an additional 2,248 shares during the period. Finally, Vontobel Holding Ltd. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at about $416,000.

Invesco S&P 500 Quality ETF Stock Up 2.5%

Shares of SPHQ stock opened at $79.86 on Monday. The company has a 50 day moving average price of $76.46 and a 200-day moving average price of $74.21. Invesco S&P 500 Quality ETF has a 52 week low of $57.67 and a 52 week high of $79.96. The firm has a market capitalization of $16.31 billion, a PE 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.