Invesco S&P MidCap Quality ETF $XMHQ Stock Bought by XY Planning Network Inc.

XY Planning Network Inc. lifted its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 30.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,092 shares of the company’s stock after purchasing an additional 27,643 shares during the quarter. Invesco S&P MidCap Quality ETF comprises about 1.4% of XY Planning Network Inc.’s investment portfolio, making the stock its 12th largest holding. XY Planning Network Inc. owned 0.25% of Invesco S&P MidCap Quality ETF worth $13,297,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XMHQ. Farmers & Merchants Investments Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter valued at $29,000. SHP Wealth Management bought a new position in Invesco S&P MidCap Quality ETF during the fourth quarter valued at about $33,000. PNC Financial Services Group Inc. grew its holdings in Invesco S&P MidCap Quality ETF by 45.4% during the first quarter. PNC Financial Services Group Inc. now owns 439 shares of the company’s stock worth $45,000 after acquiring an additional 137 shares during the period. Glenmede Trust Co. NA grew its holdings in Invesco S&P MidCap Quality ETF by 700.0% during the first quarter. Glenmede Trust Co. NA now owns 800 shares of the company’s stock worth $83,000 after acquiring an additional 700 shares during the period. Finally, Riverchase Wealth Management LLC acquired a new position in Invesco S&P MidCap Quality ETF during the second quarter worth about $208,000.

Invesco S&P MidCap Quality ETF Trading Up 0.4%

NYSEARCA:XMHQ opened at $114.68 on Wednesday. The company has a 50-day moving average of $116.14 and a 200-day moving average of $112.09. The firm has a market cap of $5.46 billion, a price-to-earnings ratio of 16.29 and a beta of 0.98. Invesco S&P MidCap Quality ETF has a twelve month low of $97.49 and a twelve month high of $119.99.

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.