Invesco S&P MidCap Quality ETF $XMHQ Shares Bought by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management raised its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 144,273 shares of the company’s stock after acquiring an additional 6,640 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in Invesco S&P MidCap Quality ETF were worth $14,776,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in XMHQ. PNC Financial Services Group Inc. lifted its stake in shares of Invesco S&P MidCap Quality ETF by 93.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock worth $31,000 after acquiring an additional 146 shares during the period. Optima Capital LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at about $37,000. Clearstead Trust LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF by 276.7% in the third quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock valued at $41,000 after purchasing an additional 285 shares during the period. Qube Research & Technologies Ltd acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter valued at about $44,000. Finally, Russell Investments Group Ltd. lifted its stake in shares of Invesco S&P MidCap Quality ETF by 1,420.7% in the third quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock valued at $46,000 after purchasing an additional 412 shares during the period.

Invesco S&P MidCap Quality ETF Stock Up 0.4%

Shares of NYSEARCA XMHQ opened at $111.30 on Friday. Invesco S&P MidCap Quality ETF has a 52 week low of $95.07 and a 52 week high of $113.29. The firm has a 50-day moving average price of $108.44 and a 200 day moving average price of $106.34. The stock has a market capitalization of $5.37 billion, a price-to-earnings ratio of 16.29 and a beta of 0.98.

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.