Pacific Financial Group Inc. Makes New $4.25 Million Investment in Invesco S&P 500 Quality ETF $SPHQ

Pacific Financial Group Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 56,576 shares of the company’s stock, valued at approximately $4,246,000. Invesco S&P 500 Quality ETF makes up approximately 2.4% of Pacific Financial Group Inc.’s investment portfolio, making the stock its 13th largest position.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SPHQ. Ausdal Financial Partners Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 187.2% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 41,424 shares of the company’s stock valued at $3,036,000 after purchasing an additional 27,003 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 235.2% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 10,107 shares of the company’s stock valued at $742,000 after purchasing an additional 7,092 shares in the last quarter. Demars Financial Group LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 4.6% in the 4th quarter. Demars Financial Group LLC now owns 639,632 shares of the company’s stock valued at $48,004,000 after purchasing an additional 28,275 shares in the last quarter. Alpine Bank Wealth Management boosted its stake in shares of Invesco S&P 500 Quality ETF by 1.3% in the 4th quarter. Alpine Bank Wealth Management now owns 555,050 shares of the company’s stock valued at $41,657,000 after purchasing an additional 7,296 shares in the last quarter. Finally, Capital Advisors Ltd. LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 44.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 42,599 shares of the company’s stock valued at $3,197,000 after purchasing an additional 13,025 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.0%

SPHQ opened at $88.67 on Wednesday. The company’s 50 day moving average is $82.60 and its 200-day moving average is $78.99. Invesco S&P 500 Quality ETF has a 1-year low of $68.89 and a 1-year high of $89.62. The company has a market cap of $18.87 billion, a P/E ratio of 25.36 and a beta of 0.91.

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.