Invesco S&P 500 Quality ETF $SPHQ Stock Position Trimmed by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans trimmed its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 76.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,364 shares of the company’s stock after selling 131,857 shares during the period. Thrivent Financial for Lutherans’ holdings in Invesco S&P 500 Quality ETF were worth $2,876,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Berkshire Money Management Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the second quarter worth approximately $28,000. Independence Bank of Kentucky bought a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter valued at $33,000. Resources Management Corp CT ADV acquired a new position in Invesco S&P 500 Quality ETF during the 1st quarter worth $44,000. Bogart Wealth LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 19.2% in the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after purchasing an additional 155 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the second quarter valued at $72,000.

Invesco S&P 500 Quality ETF Stock Up 0.3%

Shares of NYSEARCA SPHQ opened at $75.92 on Tuesday. The stock has a market cap of $15.47 billion, a P/E ratio of 25.36 and a beta of 0.92. The firm’s 50-day simple moving average is $74.20 and its 200 day simple moving average is $72.76. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $76.60.

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.