Invesco S&P MidCap Quality ETF $XMHQ Shares Purchased by Mascagni Wealth Management Inc.

Mascagni Wealth Management Inc. increased its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 9.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 55,327 shares of the company’s stock after purchasing an additional 4,635 shares during the period. Invesco S&P MidCap Quality ETF comprises 4.1% of Mascagni Wealth Management Inc.’s holdings, making the stock its 4th largest holding. Mascagni Wealth Management Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $5,719,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in XMHQ. Morgan Stanley raised its stake in Invesco S&P MidCap Quality ETF by 11.7% in the fourth quarter. Morgan Stanley now owns 2,413,021 shares of the company’s stock valued at $247,142,000 after buying an additional 252,612 shares during the last quarter. Equitable Trust Co. grew its stake in shares of Invesco S&P MidCap Quality ETF by 272.7% during the fourth quarter. Equitable Trust Co. now owns 329,642 shares of the company’s stock worth $33,762,000 after acquiring an additional 241,196 shares during the last quarter. Blue Water Asset Management purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth about $18,981,000. Cetera Investment Advisers grew its stake in shares of Invesco S&P MidCap Quality ETF by 11.6% during the fourth quarter. Cetera Investment Advisers now owns 1,307,111 shares of the company’s stock worth $133,874,000 after acquiring an additional 135,380 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 2,937.6% during the fourth quarter. Farther Finance Advisors LLC now owns 139,853 shares of the company’s stock valued at $14,324,000 after acquiring an additional 135,249 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.4%

Shares of Invesco S&P MidCap Quality ETF stock opened at $114.62 on Friday. The firm has a market capitalization of $5.44 billion, a P/E ratio of 16.29 and a beta of 0.97. The company has a 50 day moving average price of $111.85 and a 200 day moving average price of $108.47. Invesco S&P MidCap Quality ETF has a 52 week low of $97.49 and a 52 week high of $115.65.

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.