Aspen Wealth Strategies LLC Acquires Shares of 73,616 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Aspen Wealth Strategies LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the fourth quarter, Holdings Channel.com reports. The firm acquired 73,616 shares of the company’s stock, valued at approximately $6,530,000. Invesco S&P MidCap Quality ETF makes up about 4.7% of Aspen Wealth Strategies LLC’s portfolio, making the stock its 5th largest position.

A number of other institutional investors have also modified their holdings of the stock. Angeles Wealth Management LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter worth about $43,000. FMR LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 3,300.0% during the 3rd quarter. FMR LLC now owns 714 shares of the company’s stock worth $58,000 after purchasing an additional 693 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $66,000. Ancora Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter valued at approximately $68,000. Finally, UBS Group AG raised its position in shares of Invesco S&P MidCap Quality ETF by 76.7% during the 4th quarter. UBS Group AG now owns 1,039 shares of the company’s stock valued at $72,000 after buying an additional 451 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ stock traded down $0.57 during trading on Tuesday, hitting $103.89. 291,844 shares of the stock traded hands, compared to its average volume of 375,583. The firm has a market capitalization of $4.51 billion, a P/E ratio of 16.43 and a beta of 1.15. The firm’s fifty day moving average price is $104.26 and its 200-day moving average price is $91.34. Invesco S&P MidCap Quality ETF has a 52-week low of $71.76 and a 52-week high of $110.61.

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.