Demars Financial Group LLC Makes New Investment in Invesco S&P 500 Quality ETF $SPHQ

Demars Financial Group LLC bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 572,147 shares of the company’s stock, valued at approximately $40,771,000. Invesco S&P 500 Quality ETF comprises about 15.7% of Demars Financial Group LLC’s investment portfolio, making the stock its largest position. Demars Financial Group LLC owned 0.28% of Invesco S&P 500 Quality ETF as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Berkshire Money Management Inc. bought a new stake in Invesco S&P 500 Quality ETF in the second quarter valued at about $28,000. Independence Bank of Kentucky acquired a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth approximately $33,000. Golden State Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 612.2% in the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after acquiring an additional 453 shares during the last quarter. Arlington Trust Co LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $36,000. Finally, Resources Management Corp CT ADV acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $44,000.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $73.50 on Monday. The company has a market cap of $15.04 billion, a PE ratio of 25.36 and a beta of 0.94. The company has a fifty day moving average price of $72.79 and a two-hundred day moving average price of $70.21. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $74.45.

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.