Denver Wealth Management Inc. Buys 10,278 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Denver Wealth Management Inc. raised its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 18.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 67,013 shares of the company’s stock after acquiring an additional 10,278 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for about 2.4% of Denver Wealth Management Inc.’s holdings, making the stock its 11th largest position. Denver Wealth Management Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $6,864,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Ameriprise Financial Inc. grew its position in Invesco S&P MidCap Quality ETF by 6.1% in the second quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock valued at $142,446,000 after acquiring an additional 83,853 shares during the period. Bank of America Corp DE grew its holdings in shares of Invesco S&P MidCap Quality ETF by 15.1% during the third quarter. Bank of America Corp DE now owns 650,657 shares of the company’s stock worth $68,293,000 after purchasing an additional 85,149 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Invesco S&P MidCap Quality ETF by 8.2% during the fourth quarter. Wells Fargo & Company MN now owns 563,133 shares of the company’s stock worth $57,676,000 after purchasing an additional 42,658 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of Invesco S&P MidCap Quality ETF by 5.8% during the third quarter. Focus Partners Wealth now owns 455,761 shares of the company’s stock worth $47,837,000 after purchasing an additional 24,805 shares during the last quarter. Finally, Straightline Group LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF by 3.1% during the fourth quarter. Straightline Group LLC now owns 354,219 shares of the company’s stock valued at $38,376,000 after acquiring an additional 10,656 shares during the period.

Invesco S&P MidCap Quality ETF Stock Up 0.4%

Shares of XMHQ opened at $111.30 on Friday. Invesco S&P MidCap Quality ETF has a 12-month low of $95.07 and a 12-month high of $113.29. The firm has a market capitalization of $5.37 billion, a PE ratio of 16.29 and a beta of 0.98. The stock’s fifty day simple moving average is $108.44 and its 200-day simple moving average is $106.34.

About Invesco S&P MidCap Quality ETF

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.