Stonehearth Capital Management LLC Purchases 15,368 Shares of Invesco S&P 500 Quality ETF $SPHQ

Stonehearth Capital Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 15,368 shares of the company’s stock, valued at approximately $1,292,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Trinity Wealth Management LLC increased its holdings in Invesco S&P 500 Quality ETF by 154.0% during the 2nd quarter. Trinity Wealth Management LLC now owns 35,770 shares of the company’s stock valued at $3,223,000 after acquiring an additional 21,689 shares in the last quarter. TSG Advice Partners LLC raised its position in Invesco S&P 500 Quality ETF by 439.9% during the first quarter. TSG Advice Partners LLC now owns 89,803 shares of the company’s stock worth $6,752,000 after acquiring an additional 73,169 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 10.6% in the second quarter. NewEdge Advisors LLC now owns 162,662 shares of the company’s stock valued at $14,656,000 after purchasing an additional 15,539 shares in the last quarter. Compass Financial Group Inc. Ohio purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $2,933,000. Finally, Advisory Solutions Group LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter valued at about $1,990,000.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock opened at $85.43 on Wednesday. The company’s 50 day simple moving average is $85.30 and its 200-day simple moving average is $84.21. The firm has a market capitalization of $19.06 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 12 month low of $71.57 and a 12 month high of $90.36.

Invesco S&P 500 Quality ETF Company Profile

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.