Spectrum Wealth Advisory Group LLC Has $12.18 Million Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Spectrum Wealth Advisory Group LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 20.3% in the 4th quarter, HoldingsChannel reports. The firm owned 123,645 shares of the company’s stock after buying an additional 20,867 shares during the period. Invesco S&P MidCap Quality ETF makes up approximately 5.7% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its 6th largest holding. Spectrum Wealth Advisory Group LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $12,175,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in XMHQ. CWM LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 522.5% during the 3rd quarter. CWM LLC now owns 4,432 shares of the company’s stock valued at $455,000 after purchasing an additional 3,720 shares during the last quarter. NBC Securities Inc. acquired a new stake in Invesco S&P MidCap Quality ETF during the 3rd quarter valued at $31,000. Global Retirement Partners LLC increased its position in Invesco S&P MidCap Quality ETF by 47.5% during the 3rd quarter. Global Retirement Partners LLC now owns 7,523 shares of the company’s stock worth $772,000 after buying an additional 2,421 shares during the period. Stratos Wealth Partners LTD. increased its position in Invesco S&P MidCap Quality ETF by 8.8% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 93,468 shares of the company’s stock worth $9,588,000 after buying an additional 7,565 shares during the period. Finally, KMG Fiduciary Partners LLC bought a new position in Invesco S&P MidCap Quality ETF during the 3rd quarter worth $1,127,000.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ stock opened at $100.24 on Friday. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The business’s fifty day moving average price is $101.33 and its two-hundred day moving average price is $101.55. Invesco S&P MidCap Quality ETF has a fifty-two week low of $91.95 and a fifty-two week high of $110.61.

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.