Gerber Kawasaki Wealth & Investment Management Has $14.12 Million Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Gerber Kawasaki Wealth & Investment Management grew its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 37.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 143,401 shares of the company’s stock after purchasing an additional 39,159 shares during the quarter. Gerber Kawasaki Wealth & Investment Management owned about 0.32% of Invesco S&P MidCap Quality ETF worth $14,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Atomi Financial Group Inc. lifted its position in Invesco S&P MidCap Quality ETF by 49.2% in the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock valued at $303,000 after acquiring an additional 1,016 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Invesco S&P MidCap Quality ETF by 28.8% during the 4th quarter. Bank of New York Mellon Corp now owns 6,146 shares of the company’s stock worth $605,000 after buying an additional 1,374 shares in the last quarter. Truist Financial Corp boosted its stake in shares of Invesco S&P MidCap Quality ETF by 1.6% in the 4th quarter. Truist Financial Corp now owns 30,181 shares of the company’s stock worth $2,972,000 after buying an additional 487 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF in the third quarter valued at $608,000. Finally, Brookstone Capital Management increased its holdings in Invesco S&P MidCap Quality ETF by 20.1% in the 4th quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock worth $357,000 after acquiring an additional 607 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 0.3 %

XMHQ opened at $91.63 on Friday. Invesco S&P MidCap Quality ETF has a twelve month low of $80.60 and a twelve month high of $109.79. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 15.43 and a beta of 1.07. The firm has a 50-day moving average price of $91.45 and a 200-day moving average price of $98.78.

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.