Independent Financial Group LLC Invests $1.56 Million in Invesco S&P MidCap Quality ETF $XMHQ

Independent Financial Group LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQFree Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 15,140 shares of the company’s stock, valued at approximately $1,565,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XMHQ. PNC Financial Services Group Inc. increased its stake in Invesco S&P MidCap Quality ETF by 93.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock valued at $31,000 after buying an additional 146 shares during the period. SHP Wealth Management acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth $33,000. Optima Capital LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at about $37,000. Russell Investments Group Ltd. boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 1,420.7% in the third quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock valued at $46,000 after acquiring an additional 412 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter valued at about $44,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $112.62 on Monday. Invesco S&P MidCap Quality ETF has a 52-week low of $97.49 and a 52-week high of $114.84. The company’s 50-day simple moving average is $110.87 and its 200-day simple moving average is $107.94. The firm has a market cap of $5.39 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97.

Invesco S&P MidCap Quality ETF Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding XMHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQFree Report).

Institutional Ownership by Quarter for Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Receive News & Ratings for Invesco S&P MidCap Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.