Demars Financial Group LLC Sells 15,927 Shares of Invesco S&P 500 Quality ETF $SPHQ

Demars Financial Group LLC decreased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 623,705 shares of the company’s stock after selling 15,927 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 15.4% of Demars Financial Group LLC’s holdings, making the stock its largest position. Demars Financial Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $46,896,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Pinnacle Wealth Management Advisory Group LLC grew its position in Invesco S&P 500 Quality ETF by 4.5% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock worth $238,000 after buying an additional 136 shares in the last quarter. Compound Planning Inc. raised its holdings in Invesco S&P 500 Quality ETF by 1.0% in the 4th quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock valued at $1,092,000 after acquiring an additional 138 shares in the last quarter. Verum Partners LLC raised its holdings in Invesco S&P 500 Quality ETF by 0.3% in the 4th quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock valued at $3,772,000 after acquiring an additional 141 shares in the last quarter. World Investment Advisors lifted its position in shares of Invesco S&P 500 Quality ETF by 0.6% in the 1st quarter. World Investment Advisors now owns 24,754 shares of the company’s stock worth $1,861,000 after acquiring an additional 142 shares during the period. Finally, Latitude Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 3.0% in the 4th quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock worth $379,000 after acquiring an additional 148 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.1%

Shares of NYSEARCA:SPHQ opened at $86.63 on Thursday. Invesco S&P 500 Quality ETF has a 1-year low of $70.26 and a 1-year high of $90.36. The firm has a market capitalization of $19.69 billion, a PE ratio of 25.36 and a beta of 0.90. The business’s 50 day moving average is $85.46 and its 200-day moving average is $80.47.

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.