Blue Water Asset Management Buys New Shares in Invesco S&P MidCap Quality ETF $XMHQ

Blue Water Asset Management bought a new stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 185,326 shares of the company’s stock, valued at approximately $18,981,000. Invesco S&P MidCap Quality ETF makes up 6.8% of Blue Water Asset Management’s investment portfolio, making the stock its 5th largest holding. Blue Water Asset Management owned about 0.38% of Invesco S&P MidCap Quality ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. DORVAL Corp raised its holdings in Invesco S&P MidCap Quality ETF by 0.7% during the fourth quarter. DORVAL Corp now owns 13,612 shares of the company’s stock valued at $1,394,000 after acquiring an additional 98 shares during the period. MONECO Advisors LLC raised its holdings in Invesco S&P MidCap Quality ETF by 1.6% during the third quarter. MONECO Advisors LLC now owns 6,272 shares of the company’s stock valued at $658,000 after acquiring an additional 101 shares during the period. Pacific Sun Financial Corp raised its holdings in Invesco S&P MidCap Quality ETF by 1.1% during the third quarter. Pacific Sun Financial Corp now owns 10,541 shares of the company’s stock valued at $1,106,000 after acquiring an additional 111 shares during the period. Csenge Advisory Group raised its holdings in Invesco S&P MidCap Quality ETF by 1.7% during the third quarter. Csenge Advisory Group now owns 7,265 shares of the company’s stock valued at $763,000 after acquiring an additional 119 shares during the period. Finally, Sanctuary Advisors LLC raised its holdings in Invesco S&P MidCap Quality ETF by 5.0% during the fourth quarter. Sanctuary Advisors LLC now owns 2,724 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the period.

Invesco S&P MidCap Quality ETF Stock Down 1.5%

NYSEARCA:XMHQ opened at $107.25 on Friday. The business’s 50-day simple moving average is $105.67 and its two-hundred day simple moving average is $105.23. The stock has a market cap of $5.18 billion, a PE ratio of 16.29 and a beta of 0.98. Invesco S&P MidCap Quality ETF has a 52 week low of $95.07 and a 52 week high of $112.49.

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.