Mann Financial Group Inc. Acquires Shares of 13,452 Invesco S&P MidCap Quality ETF $XMHQ

Mann Financial Group Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,452 shares of the company’s stock, valued at approximately $1,412,000. Invesco S&P MidCap Quality ETF comprises approximately 1.4% of Mann Financial Group Inc.’s investment portfolio, making the stock its 8th biggest holding.

A number of other hedge funds have also recently made changes to their positions in XMHQ. Hazlett Burt & Watson Inc. increased its stake in Invesco S&P MidCap Quality ETF by 127.2% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock worth $27,000 after buying an additional 145 shares during the period. Root Financial Partners LLC bought a new position in Invesco S&P MidCap Quality ETF in the 3rd quarter worth about $36,000. Asset Dedication LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the second quarter worth approximately $41,000. Clearstead Trust LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 276.7% during the third quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock valued at $41,000 after acquiring an additional 285 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 approximately $44,000.

Invesco S&P MidCap Quality ETF Stock Down 0.4%

Shares of NYSEARCA:XMHQ opened at $106.83 on Thursday. The business’s 50 day moving average is $107.14 and its 200 day moving average is $104.92. The stock has a market cap of $5.28 billion, a P/E ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a 52-week low of $80.60 and a 52-week high of $109.79.

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.