Focus Financial Network Inc. Raises Stock Position in 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 0.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 212,946 shares of the company’s stock after acquiring an additional 1,079 shares during the period. Focus Financial Network Inc. owned 0.14% of Invesco S&P 500 Quality ETF worth $14,274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wingate Wealth Advisors Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth about $807,000. Burns Matteson Capital Management LLC raised its position in Invesco S&P 500 Quality ETF by 6.7% in the fourth quarter. Burns Matteson Capital Management LLC now owns 198,520 shares of the company’s stock worth $13,307,000 after acquiring an additional 12,529 shares during the period. Kestra Private Wealth Services LLC increased its holdings in Invesco S&P 500 Quality ETF by 125.3% in the 4th quarter. Kestra Private Wealth Services LLC now owns 67,753 shares of the company’s stock worth $4,541,000 after acquiring an additional 37,683 shares in the last quarter. Moloney Securities Asset Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth about $468,000. Finally, Serenus Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at about $646,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $70.38 on Tuesday. Invesco S&P 500 Quality ETF has a 1 year low of $56.56 and a 1 year high of $70.69. The company has a market cap of $10.52 billion, a PE ratio of 22.60 and a beta of 0.98. The stock’s 50 day simple moving average is $68.51 and its two-hundred day simple moving average is $67.13.

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.