Peak Financial Advisors LLC Purchases New Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Peak Financial Advisors LLC bought a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24,377 shares of the company’s stock, valued at approximately $2,400,000. Invesco S&P MidCap Quality ETF makes up approximately 1.2% of Peak Financial Advisors LLC’s investment portfolio, making the stock its 28th largest position.

Several other hedge funds and other institutional investors have also modified their holdings of the business. NBC Securities Inc. acquired a new position in Invesco S&P MidCap Quality ETF during the third quarter valued at $31,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter valued at about $77,000. Private Trust Co. NA lifted its position in shares of Invesco S&P MidCap Quality ETF by 20.3% in the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock worth $136,000 after purchasing an additional 223 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 318.4% during the third quarter. Assetmark Inc. now owns 1,753 shares of the company’s stock worth $180,000 after purchasing an additional 1,334 shares during the period. Finally, Biltmore Family Office LLC purchased a new position in Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $210,000.

Invesco S&P MidCap Quality ETF Stock Performance

Invesco S&P MidCap Quality ETF stock opened at $99.51 on Wednesday. The firm’s 50 day moving average price is $103.43 and its two-hundred day moving average price is $101.12. The firm has a market cap of $4.46 billion, a PE ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a twelve month low of $87.44 and a twelve month high of $110.61.

About Invesco S&P MidCap Quality ETF

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.