Atlantic Union Bankshares Corp Purchases New Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Atlantic Union Bankshares Corp purchased a new stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 199,538 shares of the company’s stock, valued at approximately $19,603,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XMHQ. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 33.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 578,294 shares of the company’s stock valued at $52,931,000 after purchasing an additional 146,209 shares during the period. Brown Advisory Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 2.1% in the 1st quarter. Brown Advisory Inc. now owns 10,140 shares of the company’s stock valued at $928,000 after purchasing an additional 204 shares during the period. New Insight Wealth Advisors grew its stake in shares of Invesco S&P MidCap Quality ETF by 65.2% in the 1st quarter. New Insight Wealth Advisors now owns 22,850 shares of the company’s stock valued at $2,091,000 after purchasing an additional 9,022 shares during the period. Hunter Associates Investment Management LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 23.9% in the 1st quarter. Hunter Associates Investment Management LLC now owns 118,023 shares of the company’s stock valued at $10,778,000 after purchasing an additional 22,730 shares during the period. Finally, Fifth Third Securities Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF by 2.6% in the 1st quarter. Fifth Third Securities Inc. now owns 110,079 shares of the company’s stock valued at $10,076,000 after purchasing an additional 2,784 shares during the period.

Invesco S&P MidCap Quality ETF Trading Up 1.1%

XMHQ stock opened at $102.87 on Thursday. Invesco S&P MidCap Quality ETF has a 1-year low of $80.60 and a 1-year high of $109.79. The firm has a market cap of $5.16 billion, a P/E ratio of 16.29 and a beta of 1.04. The business’s 50 day moving average is $104.74 and its 200-day moving average is $100.73.

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.