Westside Investment Management Inc. Invests $125,000 in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Westside Investment Management Inc. purchased a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,141 shares of the company’s stock, valued at approximately $125,000.

Several other hedge funds also recently made changes to their positions in XMHQ. Stifel Financial Corp grew its stake in shares of Invesco S&P MidCap Quality ETF by 52.4% in the fourth quarter. Stifel Financial Corp now owns 1,582,759 shares of the company’s stock valued at $140,410,000 after buying an additional 544,342 shares in the last quarter. Smith Anglin Financial LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at $44,200,000. Assetmark Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at $42,488,000. Confluence Investment Management LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the first quarter valued at $52,022,000. Finally, 1832 Asset Management L.P. bought a new position in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at $38,221,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $96.42 on Thursday. The business has a fifty day simple moving average of $104.02 and a two-hundred day simple moving average of $100.40. Invesco S&P MidCap Quality ETF has a 1 year low of $75.29 and a 1 year high of $110.61. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15.

Invesco S&P MidCap Quality ETF 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.