Demars Financial Group LLC raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 5.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 776,231 shares of the company’s stock after acquiring an additional 42,593 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 17.0% of Demars Financial Group LLC’s holdings, making the stock its largest holding. Demars Financial Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $65,265,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Tompkins Financial Corp acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth $25,000. Cassaday & Co Wealth Management LLC purchased a new position in Invesco S&P 500 Quality ETF during the first quarter worth about $27,000. Merkkuri Wealth Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF during the first quarter worth about $33,000. Continuum Advisory LLC acquired a new stake in Invesco S&P 500 Quality ETF in the second quarter valued at about $48,000. Finally, TOP Private Wealth LLC. acquired a new stake in Invesco S&P 500 Quality ETF in the second quarter valued at about $50,000.
Invesco S&P 500 Quality ETF Trading Down 0.9%
Shares of SPHQ opened at $83.84 on Friday. Invesco S&P 500 Quality ETF has a twelve month low of $71.57 and a twelve month high of $90.36. The stock’s 50 day moving average is $85.02 and its two-hundred day moving average is $84.67. The firm 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 Company Profile
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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Quality ETF
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Want to see what other hedge funds are holding SPHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report).
Receive News & Ratings for Invesco S&P 500 Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.
