Melone Private Wealth LLC bought a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Free Report) in the fourth quarter, Holdings Channel.com reports. The fund bought 24,018 shares of the company’s stock, valued at approximately $2,460,000. Invesco S&P MidCap Quality ETF makes up approximately 1.0% of Melone Private Wealth LLC’s investment portfolio, making the stock its 24th biggest holding.
A number of other hedge funds have also modified their holdings of XMHQ. Hazlett Burt & Watson Inc. lifted its stake in shares of Invesco S&P MidCap Quality ETF by 127.2% in the third quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock worth $27,000 after buying an additional 145 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Invesco S&P MidCap Quality ETF during the 3rd quarter valued at about $36,000. Clearstead Trust LLC grew its stake in Invesco S&P MidCap Quality ETF by 276.7% during the 3rd quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock valued at $41,000 after acquiring an additional 285 shares in the last quarter. Asset Dedication LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the 2nd quarter valued at about $41,000. Finally, Russell Investments Group Ltd. raised its holdings in Invesco S&P MidCap Quality ETF by 1,420.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock valued at $46,000 after acquiring an additional 412 shares during the last quarter.
Invesco S&P MidCap Quality ETF Price Performance
XMHQ opened at $100.19 on Friday. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04. The company’s 50 day simple moving average is $106.70 and its two-hundred day simple moving average is $104.84. Invesco S&P MidCap Quality ETF has a 1-year low of $80.60 and a 1-year high of $109.79.
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.
See Also
Want to see what other hedge funds are holding XMHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Free Report).
Receive News & Ratings for Invesco S&P MidCap Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.
