Focus Financial Network Inc. Purchases 6,650 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Focus Financial Network Inc. lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 211,867 shares of the company’s stock after buying an additional 6,650 shares during the quarter. Focus Financial Network Inc. owned about 0.14% of Invesco S&P 500 Quality ETF worth $14,252,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Edge Financial Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $2,449,000. Eagle Strategies LLC boosted its position in Invesco S&P 500 Quality ETF by 1.6% during the third quarter. Eagle Strategies LLC now owns 187,090 shares of the company’s stock worth $12,586,000 after purchasing an additional 2,999 shares during the period. Davidson Capital Management Inc. boosted its position in Invesco S&P 500 Quality ETF by 1.6% during the third quarter. Davidson Capital Management Inc. now owns 821,362 shares of the company’s stock worth $55,253,000 after purchasing an additional 12,819 shares during the period. Abich Financial Wealth Management LLC bought a new stake in Invesco S&P 500 Quality ETF during the third quarter worth approximately $38,000. Finally, Gateway Wealth Partners LLC boosted its position in Invesco S&P 500 Quality ETF by 23.8% during the third quarter. Gateway Wealth Partners LLC now owns 5,250 shares of the company’s stock worth $353,000 after purchasing an additional 1,011 shares during the period.

Invesco S&P 500 Quality ETF Stock Down 1.5 %

Shares of Invesco S&P 500 Quality ETF stock opened at $65.67 on Friday. The stock has a market capitalization of $9.81 billion, a P/E ratio of 22.60 and a beta of 0.98. The stock has a 50 day moving average price of $66.66 and a two-hundred day moving average price of $63.88. Invesco S&P 500 Quality ETF has a 12-month low of $48.22 and a 12-month high of $68.38.

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.