Pacific Financial Group Inc. Takes Position in Invesco S&P 500 Quality ETF $SPHQ

Pacific Financial Group Inc. acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 56,576 shares of the company’s stock, valued at approximately $4,246,000. Invesco S&P 500 Quality ETF accounts for about 2.4% of Pacific Financial Group Inc.’s investment portfolio, making the stock its 13th biggest position.

Several other large investors also recently modified their holdings of the stock. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Invesco S&P 500 Quality ETF by 4.5% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock valued at $238,000 after purchasing an additional 136 shares during the period. Verum Partners LLC raised its position in shares of Invesco S&P 500 Quality ETF by 0.3% in the fourth quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock valued at $3,772,000 after purchasing an additional 141 shares during the period. Latitude Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 3.0% in the fourth quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock valued at $379,000 after acquiring an additional 148 shares in the last quarter. Brighton Jones LLC increased its position in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after acquiring an additional 151 shares during the period. Finally, AEGON USA Investment Management LLC increased its position in Invesco S&P 500 Quality ETF by 3.4% during the fourth quarter. AEGON USA Investment Management LLC now owns 4,920 shares of the company’s stock worth $369,000 after acquiring an additional 160 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $88.67 on Wednesday. Invesco S&P 500 Quality ETF has a 52 week low of $68.89 and a 52 week high of $89.62. The firm has a market cap of $18.87 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The firm’s 50-day simple moving average is $82.60 and its 200 day simple moving average is $78.99.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.