Elm3 Financial Group LLC Purchases New Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Elm3 Financial Group LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,357 shares of the company’s stock, valued at approximately $823,000.

Other institutional investors also recently made changes to their positions in the company. Syntegra Private Wealth Group LLC increased its position in Invesco S&P MidCap Quality ETF by 1.9% during the fourth quarter. Syntegra Private Wealth Group LLC now owns 710,633 shares of the company’s stock worth $69,976,000 after acquiring an additional 13,416 shares during the period. Stratos Wealth Partners LTD. grew its position in shares of Invesco S&P MidCap Quality ETF by 6.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 99,712 shares of the company’s stock worth $9,819,000 after purchasing an additional 6,244 shares in the last quarter. Stephens Consulting LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 12.8% during the fourth quarter. Stephens Consulting LLC now owns 34,521 shares of the company’s stock worth $3,399,000 after purchasing an additional 3,928 shares during the period. Tempus Wealth Planning LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at approximately $2,527,000. Finally, Financial Partners Group Inc boosted its stake in shares of Invesco S&P MidCap Quality ETF by 11.3% in the fourth quarter. Financial Partners Group Inc now owns 231,533 shares of the company’s stock valued at $22,799,000 after buying an additional 23,453 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $101.14 on Thursday. The company has a market capitalization of $4.53 billion, a P/E ratio of 16.29 and a beta of 1.15. The business’s 50 day simple moving average is $102.42 and its 200 day simple moving average is $101.55. Invesco S&P MidCap Quality ETF has a 1 year low of $91.95 and a 1 year 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.