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:XMHQ – Free 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.

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