ERn Financial LLC Sells 231 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

ERn Financial LLC decreased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,354 shares of the company’s stock after selling 231 shares during the period. ERn Financial LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,317,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in SPHQ. Glassman Wealth Services increased its holdings in Invesco S&P 500 Quality ETF by 121.7% in the fourth quarter. Glassman Wealth Services now owns 510 shares of the company’s stock valued at $28,000 after buying an additional 280 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 149.6% in the 4th quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after buying an additional 347 shares during the period. GPS Wealth Strategies Group LLC raised its position in shares of Invesco S&P 500 Quality ETF by 275.6% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after buying an additional 485 shares during the period. Glass Jacobson Investment Advisors llc acquired a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $50,000. Finally, Halpern Financial Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at $53,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock remained flat at $63.81 on Thursday. The company had a trading volume of 728,598 shares, compared to its average volume of 975,490. The firm has a market capitalization of $9.54 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52-week low of $47.72 and a 52-week high of $65.57. The firm has a 50-day moving average of $61.31 and a 200 day moving average of $58.52.

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.