Hanlon Investment Management Inc. Purchases Shares of 5,098 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Hanlon Investment Management Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,098 shares of the company’s stock, valued at approximately $343,000.

A number of other large investors have also modified their holdings of the stock. SYM FINANCIAL Corp purchased a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter worth about $28,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $38,000. Blue Trust Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $43,000. ORG Partners LLC purchased a new position in Invesco S&P 500 Quality ETF in the second quarter worth approximately $45,000. Finally, Pineridge Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $47,000.

Invesco S&P 500 Quality ETF Trading Down 0.0 %

Shares of SPHQ opened at $65.88 on Tuesday. The firm has a market capitalization of $9.85 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The firm’s fifty day simple moving average is $66.66 and its 200-day simple moving average is $64.08. Invesco S&P 500 Quality ETF has a twelve month low of $50.06 and a twelve month high of $68.38.

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.