Focus Financial Network Inc. Raises Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Focus Financial Network Inc. increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.5% in the 4th quarter, Holdings Channel reports. The firm owned 212,946 shares of the company’s stock after purchasing an additional 1,079 shares during the period. Focus Financial Network Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $14,274,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management grew its holdings in shares of Invesco S&P 500 Quality ETF by 156.0% in the third quarter. Brookstone Capital Management now owns 8,452 shares of the company’s stock valued at $569,000 after purchasing an additional 5,150 shares during the period. CWM LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 5.4% in the 3rd quarter. CWM LLC now owns 5,407 shares of the company’s stock valued at $364,000 after buying an additional 275 shares during the period. High Net Worth Advisory Group LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 6.9% during the 3rd quarter. High Net Worth Advisory Group LLC now owns 53,842 shares of the company’s stock worth $3,622,000 after buying an additional 3,465 shares during the last quarter. VitalStone Financial LLC raised its position in shares of Invesco S&P 500 Quality ETF by 178.8% during the 3rd quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after buying an additional 522 shares during the period. Finally, ORG Partners LLC grew its position in Invesco S&P 500 Quality ETF by 740.2% in the third quarter. ORG Partners LLC now owns 6,016 shares of the company’s stock worth $405,000 after acquiring an additional 5,300 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $70.38 on Tuesday. The firm has a market cap of $10.52 billion, a P/E ratio of 22.60 and a beta of 0.98. The firm’s 50 day moving average price is $68.51 and its 200-day moving average price is $67.13. Invesco S&P 500 Quality ETF has a one year low of $56.56 and a one year high of $70.69.

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.