42,593 Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Demars Financial Group LLC

Demars Financial Group LLC raised its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 776,231 shares of the company’s stock after purchasing an additional 42,593 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 17.0% of Demars Financial Group LLC’s portfolio, making the stock its largest holding. Demars Financial Group LLC owned about 0.35% of Invesco S&P 500 Quality ETF worth $65,265,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Indiana Trust & Investment Management Co purchased a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $270,000. Brookstone Capital Management acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $1,981,000. Root Financial Partners LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 13.0% during the third quarter. Root Financial Partners LLC now owns 2,598 shares of the company’s stock worth $218,000 after buying an additional 299 shares during the period. Topor & Co. Korea boosted its stake in shares of Invesco S&P 500 Quality ETF by 0.3% during the third quarter. Topor & Co. Korea now owns 50,051 shares of the company’s stock worth $4,208,000 after buying an additional 133 shares during the period. Finally, Lmcg Investments LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $3,855,000.

Invesco S&P 500 Quality ETF Stock Down 0.9%

Shares of SPHQ stock opened at $83.84 on Friday. The stock has a market capitalization of $18.74 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 52-week low of $71.57 and a 52-week high of $90.36. The stock’s 50-day moving average price is $85.02 and its 200 day moving average price is $84.67.

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.