Stonehearth Capital Management LLC Has $1.31 Million Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Stonehearth Capital Management LLC reduced its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 9.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,571 shares of the company’s stock after selling 2,159 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 0.5% of Stonehearth Capital Management LLC’s portfolio, making the stock its 25th largest position. Stonehearth Capital Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,312,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. SYM FINANCIAL Corp bought a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter valued at about $28,000. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $34,000. Abich Financial Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $38,000. Blue Trust Inc. bought a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $43,000. Finally, VitalStone Financial LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 178.8% in the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after purchasing an additional 522 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.2 %

SPHQ traded down $0.14 during trading hours on Tuesday, hitting $67.42. 488,450 shares of the company’s stock were exchanged, compared to its average volume of 954,310. The stock has a market cap of $10.08 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1-year low of $53.23 and a 1-year high of $69.97. The stock’s 50-day moving average is $68.04 and its two-hundred day moving average is $66.33.

Invesco S&P 500 Quality ETF 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.