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

Stonehearth Capital Management LLC cut its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 9.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 19,571 shares of the company’s stock after selling 2,159 shares during the period. Invesco S&P 500 Quality ETF makes up about 0.5% of Stonehearth Capital Management LLC’s investment 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 SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Quality ETF by 7.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after purchasing an additional 14,481 shares during the last quarter. Fidelity D & D Bancorp Inc. grew its holdings in Invesco S&P 500 Quality ETF by 5.0% during the third quarter. Fidelity D & D Bancorp Inc. now owns 46,873 shares of the company’s stock worth $3,153,000 after purchasing an additional 2,233 shares during the period. Sfmg LLC increased its position in Invesco S&P 500 Quality ETF by 0.4% during the third quarter. Sfmg LLC now owns 1,638,506 shares of the company’s stock worth $110,222,000 after buying an additional 6,374 shares during the last quarter. World Investment Advisors LLC raised its stake in Invesco S&P 500 Quality ETF by 2.7% in the third quarter. World Investment Advisors LLC now owns 12,511 shares of the company’s stock valued at $842,000 after buying an additional 329 shares during the period. Finally, Sanctuary Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 303.6% in the third quarter. Sanctuary Advisors LLC now owns 54,076 shares of the company’s stock valued at $3,696,000 after buying an additional 40,676 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.2 %

Shares of NYSEARCA SPHQ traded down $0.14 during midday trading on Tuesday, hitting $67.42. 488,450 shares of the company’s stock were exchanged, compared to its average volume of 954,310. The firm has a market capitalization of $10.08 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 12 month low of $53.23 and a 12 month high of $69.97. The company’s 50 day moving average price is $68.04 and its 200 day moving average price is $66.33.

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.