Adamsbrown Wealth Consultants LLC Has $15.48 Million Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Adamsbrown Wealth Consultants LLC grew its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,175 shares of the company’s stock after acquiring an additional 8,386 shares during the period. Invesco S&P MidCap Quality ETF accounts for approximately 5.3% of Adamsbrown Wealth Consultants LLC’s holdings, making the stock its 7th largest position. Adamsbrown Wealth Consultants LLC owned approximately 0.35% of Invesco S&P MidCap Quality ETF worth $15,477,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of XMHQ. Atomi Financial Group Inc. lifted its stake in Invesco S&P MidCap Quality ETF by 49.2% in the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock valued at $303,000 after purchasing an additional 1,016 shares during the last quarter. FMR LLC increased its stake in Invesco S&P MidCap Quality ETF by 15.3% in the third quarter. FMR LLC now owns 4,315 shares of the company’s stock valued at $443,000 after acquiring an additional 572 shares during the last quarter. Jane Street Group LLC bought a new position in Invesco S&P MidCap Quality ETF in the third quarter valued at approximately $608,000. Brookstone Capital Management grew its stake in shares of Invesco S&P MidCap Quality ETF by 20.1% during the fourth quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock worth $357,000 after buying an additional 607 shares during the last quarter. Finally, Foundations Investment Advisors LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF during the third quarter worth $362,000.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA XMHQ opened at $101.24 on Monday. Invesco S&P MidCap Quality ETF has a fifty-two week low of $91.21 and a fifty-two week high of $110.61. The stock has a market cap of $4.54 billion, a PE ratio of 16.29 and a beta of 1.15. The firm’s fifty day moving average price is $102.90 and its two-hundred day moving average price is $101.54.

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.