Precedent Wealth Partners LLC Has $9.76 Million Stake in Invesco S&P MidCap Quality ETF $XMHQ

Precedent Wealth Partners LLC raised its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,278 shares of the company’s stock after acquiring an additional 5,144 shares during the period. Invesco S&P MidCap Quality ETF makes up 2.0% of Precedent Wealth Partners LLC’s portfolio, making the stock its 11th biggest holding. Precedent Wealth Partners LLC owned approximately 0.19% of Invesco S&P MidCap Quality ETF worth $9,758,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in XMHQ. MONECO Advisors LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 1.6% during the 3rd quarter. MONECO Advisors LLC now owns 6,272 shares of the company’s stock worth $658,000 after purchasing an additional 101 shares during the last quarter. Pacific Sun Financial Corp boosted its stake in Invesco S&P MidCap Quality ETF by 1.1% during the 3rd quarter. Pacific Sun Financial Corp now owns 10,541 shares of the company’s stock valued at $1,106,000 after purchasing an additional 111 shares during the period. Csenge Advisory Group lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 1.7% during the third quarter. Csenge Advisory Group now owns 7,265 shares of the company’s stock worth $763,000 after buying an additional 119 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of Invesco S&P MidCap Quality ETF by 127.2% in the third quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock valued at $27,000 after acquiring an additional 145 shares during the period. Finally, CWC Advisors LLC. boosted its position in shares of Invesco S&P MidCap Quality ETF by 5.6% in the third quarter. CWC Advisors LLC. now owns 2,898 shares of the company’s stock valued at $304,000 after acquiring an additional 154 shares during the period.

Invesco S&P MidCap Quality ETF Trading Down 1.9%

Shares of Invesco S&P MidCap Quality ETF stock opened at $100.19 on Friday. Invesco S&P MidCap Quality ETF has a 1 year low of $80.60 and a 1 year high of $109.79. The company’s fifty day simple moving average is $106.70 and its 200-day simple moving average is $104.84. The company has a market cap of $4.95 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04.

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.