Significant ETF Redemptions Observed for SPHQ, TJX, KLAC, MMM

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In the latest report on exchange-traded funds (ETFs), the Invesco S&P 500 Quality ETF (Symbol: SPHQ) experienced a week-over-week outflow of approximately $297.3 million, marking a 1.9% decrease in shares outstanding from 210,260,000 to 206,220,000. This data was noted recently, indicating notable trading activity.

As of the last trade, SPHQ’s share price was $73.51, with a 52-week range of $57.67 to $73.79. The significant outflow could impact the ETF’s underlying components, including TJX Companies (down 0.1%), KLA Corp (down 0.1%), and 3M Co (up 1.9%).

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