Galvin Gaustad & Stein LLC Makes New Investment in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Galvin Gaustad & Stein LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the fourth quarter, Holdings Channel.com reports. The fund bought 3,000 shares of the company’s stock, valued at approximately $295,000.

Other hedge funds have also recently made changes to their positions in the company. Capital Planning Advisors LLC grew its stake in Invesco S&P MidCap Quality ETF by 13.4% in the fourth quarter. Capital Planning Advisors LLC now owns 346,527 shares of the company’s stock worth $34,123,000 after purchasing an additional 40,846 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 20.5% in the 4th quarter. Mutual Advisors LLC now owns 8,377 shares of the company’s stock worth $855,000 after buying an additional 1,425 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Invesco S&P MidCap Quality ETF by 8.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 115,745 shares of the company’s stock worth $11,397,000 after buying an additional 8,934 shares in the last quarter. Sheets Smith Wealth Management increased its stake in shares of Invesco S&P MidCap Quality ETF by 1.4% during the fourth quarter. Sheets Smith Wealth Management now owns 11,458 shares of the company’s stock valued at $1,128,000 after buying an additional 159 shares during the period. Finally, Atomi Financial Group Inc. raised its holdings in shares of Invesco S&P MidCap Quality ETF by 49.2% in the fourth quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock valued at $303,000 after acquiring an additional 1,016 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA:XMHQ opened at $104.04 on Friday. Invesco S&P MidCap Quality ETF has a 1-year low of $90.04 and a 1-year high of $110.61. The company has a 50-day moving average of $103.09 and a 200 day moving average of $101.36. The firm has a market cap of $4.66 billion, a PE ratio of 16.29 and a beta of 1.15.

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.