Axxcess Wealth Management LLC Sells 410 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Axxcess Wealth Management LLC decreased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,200 shares of the company’s stock after selling 410 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $822,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Wolff Wiese Magana LLC raised its stake in Invesco S&P 500 Quality ETF by 105.8% during the third quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock valued at $28,000 after purchasing an additional 291 shares in the last quarter. Sound Income Strategies LLC raised its stake in Invesco S&P 500 Quality ETF by 149.6% during the fourth quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after purchasing an additional 347 shares in the last quarter. GPS Wealth Strategies Group LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 275.6% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after acquiring an additional 485 shares during the period. Glass Jacobson Investment Advisors llc purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at $50,000. Finally, Halpern Financial Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at $53,000.

Invesco S&P 500 Quality ETF Trading Up 1.1 %

Shares of SPHQ opened at $59.63 on Tuesday. Invesco S&P 500 Quality ETF has a twelve month low of $47.00 and a twelve month high of $60.77. The company has a market cap of $8.74 billion, a P/E ratio of 21.94 and a beta of 0.97. The company’s fifty day simple moving average is $59.30 and its 200-day simple moving average is $55.59.

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.