TruWealth Advisors LLC raised its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Free Report) by 45.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 290,700 shares of the company’s stock after buying an additional 90,986 shares during the quarter. Invesco S&P MidCap Quality ETF comprises 1.6% of TruWealth Advisors LLC’s holdings, making the stock its 18th largest position. TruWealth Advisors LLC owned 0.49% of Invesco S&P MidCap Quality ETF worth $26,608,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in XMHQ. Peak Financial Advisors LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 21.4% during the first quarter. Peak Financial Advisors LLC now owns 29,584 shares of the company’s stock valued at $2,708,000 after acquiring an additional 5,207 shares in the last quarter. TrueWealth Advisors LLC increased its stake in Invesco S&P MidCap Quality ETF by 14.8% during the 1st quarter. TrueWealth Advisors LLC now owns 61,346 shares of the company’s stock valued at $5,615,000 after purchasing an additional 7,931 shares in the last quarter. Merit Financial Group LLC increased its stake in Invesco S&P MidCap Quality ETF by 9.5% during the 1st quarter. Merit Financial Group LLC now owns 94,816 shares of the company’s stock valued at $8,679,000 after purchasing an additional 8,214 shares in the last quarter. Harbor Investment Advisory LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 2.6% in the first quarter. Harbor Investment Advisory LLC now owns 13,122 shares of the company’s stock worth $1,201,000 after buying an additional 333 shares during the last quarter. Finally, NBC Securities Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the first quarter worth $43,000.
Invesco S&P MidCap Quality ETF Price Performance
NYSEARCA XMHQ opened at $98.54 on Wednesday. The company has a market cap of $5.00 billion, a price-to-earnings ratio of 18.03 and a beta of 1.04. The stock’s fifty day moving average price is $92.78 and its 200 day moving average price is $97.55. Invesco S&P MidCap Quality ETF has a 1 year low of $80.60 and a 1 year high of $109.79.
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.
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