TruWealth Advisors LLC Purchases 5,368 Shares of Invesco S&P MidCap Quality ETF $XMHQ

TruWealth Advisors LLC grew its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 309,091 shares of the company’s stock after purchasing an additional 5,368 shares during the period. Invesco S&P MidCap Quality ETF comprises 1.6% of TruWealth Advisors LLC’s investment portfolio, making the stock its 18th largest position. TruWealth Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $32,442,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. lifted its position in Invesco S&P MidCap Quality ETF by 10.2% in the 1st quarter. Raymond James Financial Inc. now owns 1,037,099 shares of the company’s stock valued at $94,926,000 after acquiring an additional 96,324 shares in the last quarter. Hsbc Holdings PLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at $240,000. Capital Analysts LLC boosted its position in shares of Invesco S&P MidCap Quality ETF by 51.6% during the first quarter. Capital Analysts LLC now owns 482 shares of the company’s stock valued at $44,000 after buying an additional 164 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at $644,000. Finally, United Asset Strategies Inc. increased its holdings in Invesco S&P MidCap Quality ETF by 8.7% in the 1st quarter. United Asset Strategies Inc. now owns 28,105 shares of the company’s stock worth $2,572,000 after buying an additional 2,260 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA:XMHQ opened at $103.52 on Tuesday. The firm has a market cap of $5.19 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04. The business has a 50-day simple moving average of $102.82 and a two-hundred day simple moving average of $102.09. Invesco S&P MidCap Quality ETF has a fifty-two week low of $80.60 and a fifty-two week high of $107.19.

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.