Cornerstone Wealth Management LLC raised its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Free Report) by 10.1% in the third quarter, Holdings Channel reports. The firm owned 102,502 shares of the company’s stock after buying an additional 9,425 shares during the period. Cornerstone Wealth Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $11,444,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Heritage Family Offices LLP acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter valued at about $27,000. Farmers & Merchants Investments Inc. acquired a new position in Invesco S&P MidCap Quality ETF in the second quarter worth approximately $29,000. Pinnacle Wealth Planning Services Inc. acquired a new position in Invesco S&P MidCap Quality ETF in the third quarter worth approximately $38,000. Root Financial Partners LLC acquired a new position in Invesco S&P MidCap Quality ETF in the third quarter worth approximately $48,000. Finally, PNC Financial Services Group Inc. raised its position 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 valued at $45,000 after acquiring an additional 137 shares in the last quarter.
Invesco S&P MidCap Quality ETF Stock Down 0.2%
NYSEARCA XMHQ opened at $120.58 on Wednesday. The stock has a market capitalization of $5.82 billion, a PE ratio of 16.29 and a beta of 0.98. The company has a 50 day moving average price of $115.59 and a two-hundred day moving average price of $111.36. Invesco S&P MidCap Quality ETF has a 12-month low of $97.49 and a 12-month high of $122.00.
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.
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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).
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