MONECO Advisors LLC Increases Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

MONECO Advisors LLC raised its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 11.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 6,292 shares of the company’s stock after purchasing an additional 627 shares during the period. MONECO Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $620,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sigma Planning Corp raised its holdings in shares of Invesco S&P MidCap Quality ETF by 3.6% during the 4th quarter. Sigma Planning Corp now owns 51,764 shares of the company’s stock worth $5,097,000 after acquiring an additional 1,817 shares during the period. Dahring Cusmano LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth $7,381,000. Fairway Financial LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth $381,000. Pacific Sun Financial Corp raised its holdings in shares of Invesco S&P MidCap Quality ETF by 7.6% during the 4th quarter. Pacific Sun Financial Corp now owns 8,994 shares of the company’s stock worth $886,000 after acquiring an additional 633 shares during the period. Finally, Concurrent Investment Advisors LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth $565,000.

Invesco S&P MidCap Quality ETF Stock Down 2.8 %

NYSEARCA XMHQ opened at $96.29 on Monday. The firm has a market cap of $4.31 billion, a PE ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 52 week low of $91.95 and a 52 week high of $110.61. The business’s fifty day simple moving average is $100.58 and its 200-day simple moving average is $101.64.

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.