Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Hits New 12-Month High – What’s Next?

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $119.99 and last traded at $119.91, with a volume of 19195 shares trading hands. The stock had previously closed at $118.56.

Invesco S&P MidCap Quality ETF Price Performance

The stock has a fifty day moving average price of $114.73 and a two-hundred day moving average price of $109.81. The company has a market cap of $5.68 billion, a P/E ratio of 16.29 and a beta of 0.97.

Institutional Trading of Invesco S&P MidCap Quality ETF

Several large investors have recently added to or reduced their stakes in XMHQ. PCG Wealth Advisors LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 12.5% in the 4th quarter. PCG Wealth Advisors LLC now owns 58,166 shares of the company’s stock worth $5,957,000 after purchasing an additional 6,478 shares in the last quarter. Wealth Advisory Team LLC bought a new stake in Invesco S&P MidCap Quality ETF during the fourth quarter worth approximately $3,405,000. Liberty Square Wealth Partners LLC grew its position in Invesco S&P MidCap Quality ETF by 35.6% in the fourth quarter. Liberty Square Wealth Partners LLC now owns 82,514 shares of the company’s stock worth $8,451,000 after buying an additional 21,653 shares during the last quarter. Financial Partners Group Inc grew its position in Invesco S&P MidCap Quality ETF by 28.3% in the fourth quarter. Financial Partners Group Inc now owns 45,024 shares of the company’s stock worth $4,793,000 after buying an additional 9,924 shares during the last quarter. Finally, Straightline Group LLC grew its position in Invesco S&P MidCap Quality ETF by 3.1% in the fourth quarter. Straightline Group LLC now owns 354,219 shares of the company’s stock worth $38,376,000 after buying an additional 10,656 shares during the last quarter.

Invesco S&P MidCap Quality ETF Company Profile

(Get Free Report)

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.

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