Altus Wealth Group LLC Raises Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Altus Wealth Group LLC boosted its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 53,172 shares of the company’s stock after buying an additional 2,804 shares during the quarter. Invesco S&P MidCap Quality ETF makes up about 2.3% of Altus Wealth Group LLC’s holdings, making the stock its 11th biggest holding. Altus Wealth Group LLC owned about 0.12% of Invesco S&P MidCap Quality ETF worth $5,236,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in XMHQ. Assetmark Inc. lifted its holdings in Invesco S&P MidCap Quality ETF by 318.4% in the 3rd quarter. Assetmark Inc. now owns 1,753 shares of the company’s stock worth $180,000 after buying an additional 1,334 shares during the period. Prime Capital Investment Advisors LLC lifted its stake in Invesco S&P MidCap Quality ETF by 3.7% in the third quarter. Prime Capital Investment Advisors LLC now owns 3,428 shares of the company’s stock worth $352,000 after acquiring an additional 122 shares during the period. OneDigital Investment Advisors LLC bought a new stake in Invesco S&P MidCap Quality ETF in the third quarter valued at $783,000. KPP Advisory Services LLC increased its position in Invesco S&P MidCap Quality ETF by 418.6% during the 3rd quarter. KPP Advisory Services LLC now owns 164,013 shares of the company’s stock valued at $16,824,000 after purchasing an additional 132,387 shares during the period. Finally, Concord Asset Management LLC VA raised its holdings in Invesco S&P MidCap Quality ETF by 6.6% in the 3rd quarter. Concord Asset Management LLC VA now owns 58,095 shares of the company’s stock worth $5,959,000 after purchasing an additional 3,608 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 2.8 %

NYSEARCA:XMHQ opened at $91.68 on Friday. Invesco S&P MidCap Quality ETF has a 12 month low of $88.70 and a 12 month high of $110.61. The company has a 50-day moving average price of $98.58 and a 200-day moving average price of $101.06. The stock has a market cap of $5.47 billion, a price-to-earnings ratio of 15.57 and a beta of 1.07.

Invesco S&P MidCap Quality ETF Company 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.