Steele Capital Management Inc. Has $738,000 Position in Invesco S&P 500 Quality ETF $SPHQ

Steele Capital Management Inc. cut its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 50.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,074 shares of the company’s stock after selling 10,198 shares during the quarter. Steele Capital Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $738,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SPHQ. Brighton Jones LLC boosted its position 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 valued at $265,000 after acquiring an additional 151 shares during the period. Bogart Wealth LLC raised its stake in Invesco S&P 500 Quality ETF by 19.2% in the 2nd 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. Fragasso Financial Advisors Inc boosted its holdings in Invesco S&P 500 Quality ETF by 0.5% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock valued at $2,342,000 after purchasing an additional 157 shares during the period. Brown Advisory Inc. boosted its holdings in Invesco S&P 500 Quality ETF by 1.1% in the 2nd quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock valued at $1,107,000 after purchasing an additional 166 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its position in shares of Invesco S&P 500 Quality ETF by 0.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock worth $2,577,000 after purchasing an additional 168 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Up 1.2%

Shares of SPHQ opened at $77.35 on Friday. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $77.46. The firm’s 50 day moving average is $74.77 and its 200-day moving average is $73.29. The stock has a market capitalization of $15.50 billion, a PE ratio of 25.36 and a beta of 0.92.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.