Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Sets New 1-Year High – What’s Next?

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $109.47 and last traded at $108.8610, with a volume of 316953 shares. The stock had previously closed at $107.04.

Invesco S&P MidCap Quality ETF Stock Performance

The company has a 50-day moving average of $103.71 and a 200-day moving average of $103.49. The stock has a market cap of $5.37 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04.

Institutional Investors Weigh In On Invesco S&P MidCap Quality ETF

Several institutional investors have recently made changes to their positions in XMHQ. MONECO Advisors LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 1.6% in the third quarter. MONECO Advisors LLC now owns 6,272 shares of the company’s stock worth $658,000 after acquiring an additional 101 shares during the last quarter. Pacific Sun Financial Corp increased its position in Invesco S&P MidCap Quality ETF by 1.1% during the 3rd quarter. Pacific Sun Financial Corp now owns 10,541 shares of the company’s stock worth $1,106,000 after purchasing an additional 111 shares in the last quarter. Symphony Financial Services Inc. raised its stake in Invesco S&P MidCap Quality ETF by 1.8% in the 2nd quarter. Symphony Financial Services Inc. now owns 6,634 shares of the company’s stock valued at $652,000 after purchasing an additional 119 shares during the last quarter. Csenge Advisory Group lifted its holdings in Invesco S&P MidCap Quality ETF by 1.7% in the 3rd quarter. Csenge Advisory Group now owns 7,265 shares of the company’s stock valued at $763,000 after purchasing an additional 119 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 0.4% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 39,169 shares of the company’s stock valued at $3,848,000 after purchasing an additional 142 shares in the last quarter.

Invesco S&P MidCap Quality ETF Company Profile

The Invesco S&P MidCap Quality ETF (XMHQ) is an exchange-traded fund that is based on the S&P MidCap 400 Quality index. The fund tracks the S&P mid-cap 400 Quality Index, which screens stocks based on fundamental factors and weights them using a multi-factor approach. XMHQ was launched on Dec 1, 2006 and is managed by Invesco.