Straightline Group LLC Purchases 10,656 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Straightline Group LLC grew its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.1% during the fourth quarter, Holdings Channel reports. The firm owned 354,219 shares of the company’s stock after acquiring an additional 10,656 shares during the period. Invesco S&P MidCap Quality ETF makes up approximately 21.1% of Straightline Group LLC’s portfolio, making the stock its 2nd largest position. Straightline Group LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $38,376,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of XMHQ. MidAtlantic Capital Management Inc. purchased a new position in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth $77,000. Connecticut Capital Management Group LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth $1,809,000. Bleakley Financial Group LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 2.6% during the fourth quarter. Bleakley Financial Group LLC now owns 134,639 shares of the company’s stock worth $13,790,000 after purchasing an additional 3,404 shares during the last quarter. Horizon Family Wealth Inc. raised its holdings in shares of Invesco S&P MidCap Quality ETF by 2.7% during the fourth quarter. Horizon Family Wealth Inc. now owns 23,845 shares of the company’s stock worth $2,442,000 after purchasing an additional 632 shares during the last quarter. Finally, Cary Street Partners Financial LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 7.0% during the fourth quarter. Cary Street Partners Financial LLC now owns 5,027 shares of the company’s stock worth $515,000 after purchasing an additional 328 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $110.10 on Friday. The firm has a fifty day moving average price of $106.52 and a 200 day moving average price of $105.58. Invesco S&P MidCap Quality ETF has a 1 year low of $95.07 and a 1 year high of $112.49. The stock has a market cap of $5.32 billion, a PE ratio of 16.29 and a beta of 0.98.

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.