Atlantic Edge Private Wealth Management LLC Increases Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Atlantic Edge Private Wealth Management LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 7,663.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 48,910 shares of the company’s stock after purchasing an additional 48,280 shares during the period. Invesco S&P MidCap Quality ETF accounts for about 1.5% of Atlantic Edge Private Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Atlantic Edge Private Wealth Management LLC owned approximately 0.11% of Invesco S&P MidCap Quality ETF worth $4,816,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter worth $636,000. Atomi Financial Group Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter valued at about $212,000. Brookstone Capital Management acquired a new stake in Invesco S&P MidCap Quality ETF during the third quarter worth about $309,000. CWM LLC raised its stake in Invesco S&P MidCap Quality ETF by 522.5% during the third quarter. CWM LLC now owns 4,432 shares of the company’s stock worth $455,000 after acquiring an additional 3,720 shares during the period. Finally, Adamsbrown Wealth Consultants LLC raised its stake in Invesco S&P MidCap Quality ETF by 4.2% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 148,789 shares of the company’s stock worth $15,263,000 after acquiring an additional 5,981 shares during the period.

Invesco S&P MidCap Quality ETF Trading Up 0.1 %

NYSEARCA XMHQ opened at $100.96 on Tuesday. Invesco S&P MidCap Quality ETF has a 52 week low of $91.95 and a 52 week high of $110.61. The stock has a market cap of $4.52 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The company has a 50-day moving average price of $102.15 and a two-hundred day moving average price of $101.59.

Invesco S&P MidCap Quality ETF 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.