Precedent Wealth Partners LLC Buys 5,144 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Precedent Wealth Partners LLC grew its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 95,278 shares of the company’s stock after purchasing an additional 5,144 shares during the period. Invesco S&P MidCap Quality ETF accounts for approximately 2.0% of Precedent Wealth Partners LLC’s holdings, making the stock its 11th biggest position. Precedent Wealth Partners LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $9,758,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Vantagepoint Investment Advisers LLC acquired a new stake in Invesco S&P MidCap Quality ETF during the third quarter worth about $158,090,000. Ameriprise Financial Inc. raised its holdings in Invesco S&P MidCap Quality ETF by 6.1% in the 2nd 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 in the last quarter. Jones Financial Companies Lllp raised its holdings in Invesco S&P MidCap Quality ETF by 17.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 706,521 shares of the company’s stock valued at $74,248,000 after acquiring an additional 102,731 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Invesco S&P MidCap Quality ETF by 15.1% in the 3rd quarter. Bank of America Corp DE now owns 650,657 shares of the company’s stock worth $68,293,000 after acquiring an additional 85,149 shares during the period. Finally, Thrivent Financial for Lutherans lifted its position in shares of Invesco S&P MidCap Quality ETF by 57.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 604,422 shares of the company’s stock worth $59,378,000 after acquiring an additional 220,687 shares during the period.

Invesco S&P MidCap Quality ETF Trading Down 1.9%

Shares of NYSEARCA:XMHQ opened at $100.19 on Friday. The firm has a market capitalization of $4.95 billion, a PE ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a 1-year low of $80.60 and a 1-year high of $109.79. The business’s 50 day moving average is $106.70 and its 200-day moving average is $104.84.

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.