Straightline Group LLC Purchases 6,632 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Straightline Group LLC boosted its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 370,591 shares of the company’s stock after purchasing an additional 6,632 shares during the period. Invesco S&P MidCap Quality ETF comprises approximately 19.7% of Straightline Group LLC’s holdings, making the stock its 2nd largest position. Straightline Group LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $41,832,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. purchased a new position in Invesco S&P MidCap Quality ETF in the second quarter worth $29,000. PNC Financial Services Group Inc. increased its stake in Invesco S&P MidCap Quality ETF by 93.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock valued at $31,000 after purchasing an additional 146 shares in the last quarter. SHP Wealth Management acquired a new position in Invesco S&P MidCap Quality ETF during the fourth quarter worth $33,000. Russell Investments Group Ltd. raised its stake in shares of Invesco S&P MidCap Quality ETF by 1,420.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after buying an additional 412 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in Invesco S&P MidCap Quality ETF in the 2nd quarter valued at about $44,000.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA:XMHQ opened at $118.03 on Monday. The firm has a 50-day moving average price of $115.24 and a two-hundred day moving average price of $110.04. Invesco S&P MidCap Quality ETF has a twelve month low of $97.49 and a twelve month high of $119.99. The company has a market capitalization of $5.61 billion, a P/E ratio of 16.29 and a beta of 0.97.

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.