Lifeworks Advisors LLC Decreases Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Lifeworks Advisors LLC lowered its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 12.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,272 shares of the company’s stock after selling 617 shares during the quarter. Lifeworks Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $287,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of SPHQ. Envestnet Asset Management Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 1,479.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock valued at $804,114,000 after buying an additional 11,854,003 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco S&P 500 Quality ETF by 5.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock valued at $527,025,000 after buying an additional 376,770 shares in the last quarter. LPL Financial LLC raised its position in shares of Invesco S&P 500 Quality ETF by 12.2% during the 2nd quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock valued at $483,033,000 after buying an additional 825,232 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Quality ETF by 3.7% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,280,618 shares of the company’s stock valued at $489,767,000 after buying an additional 260,719 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Invesco S&P 500 Quality ETF by 5.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,794,452 shares of the company’s stock valued at $114,019,000 after buying an additional 94,748 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.6 %

Shares of NYSEARCA SPHQ opened at $67.97 on Friday. Invesco S&P 500 Quality ETF has a 12-month low of $51.35 and a 12-month high of $68.75. The stock has a market capitalization of $10.16 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The firm’s 50-day moving average price is $67.00 and its 200-day moving average price is $64.54.

About Invesco S&P 500 Quality ETF

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.