NewEdge Wealth LLC Raises Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

NewEdge Wealth LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1,344.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,406 shares of the company’s stock after purchasing an additional 83,218 shares during the period. NewEdge Wealth LLC owned 0.20% of Invesco S&P MidCap Quality ETF worth $8,804,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Atomi Financial Group Inc. grew its stake in Invesco S&P MidCap Quality ETF by 49.2% in the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock valued at $303,000 after buying an additional 1,016 shares in the last quarter. FMR LLC grew its stake in Invesco S&P MidCap Quality ETF by 15.3% in the 3rd quarter. FMR LLC now owns 4,315 shares of the company’s stock valued at $443,000 after buying an additional 572 shares in the last quarter. Jane Street Group LLC purchased a new position in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at approximately $608,000. Truist Financial Corp grew its stake in Invesco S&P MidCap Quality ETF by 1.6% in the 4th quarter. Truist Financial Corp now owns 30,181 shares of the company’s stock valued at $2,972,000 after buying an additional 487 shares in the last quarter. Finally, Brookstone Capital Management grew its stake in Invesco S&P MidCap Quality ETF by 20.1% in the 4th quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock valued at $357,000 after buying an additional 607 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ opened at $95.31 on Friday. The company has a fifty day moving average price of $100.09 and a 200-day moving average price of $101.55. The firm has a market capitalization of $5.82 billion, a P/E ratio of 15.52 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a one year low of $91.95 and a one year 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.