PAX Financial Group LLC Purchases Shares of 27,457 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

PAX Financial Group LLC purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 27,457 shares of the company’s stock, valued at approximately $1,821,000.

Several other large investors also recently made changes to their positions in SPHQ. Bernard Wealth Management Corp. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $26,000. Fourth Dimension Wealth LLC bought a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $26,000. Millstone Evans Group LLC bought a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $33,000. Highline Wealth Partners LLC bought a new stake in Invesco S&P 500 Quality ETF during the first quarter worth approximately $33,000. Finally, 10Elms LLP bought a new stake in Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $35,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $71.43 on Tuesday. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $72.22. The stock has a market cap of $14.22 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. The stock’s 50 day moving average price is $70.16 and its 200 day moving average price is $68.17.

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.