Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Hits New 12-Month High – Here’s What Happened

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday. The stock traded as high as $120.26 and last traded at $120.2110, with a volume of 44,804 shares trading hands. The stock had previously closed at $117.79.

Invesco S&P MidCap Quality ETF Stock Up 2.1%

The stock has a market cap of $5.79 billion, a PE ratio of 16.29 and a beta of 0.98. The firm has a 50-day simple moving average of $115.46 and a 200-day simple moving average of $110.96.

Hedge Funds Weigh In On Invesco S&P MidCap Quality ETF

Several institutional investors have recently modified their holdings of the company. Farmers & Merchants Investments Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF during the second quarter valued at about $29,000. Pinnacle Wealth Planning Services Inc. purchased a new stake in Invesco S&P MidCap Quality ETF during the 3rd quarter valued at $38,000. Root Financial Partners LLC bought a new position in Invesco S&P MidCap Quality ETF during the 3rd quarter valued at approximately $48,000. PNC Financial Services Group Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 45.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 439 shares of the company’s stock worth $45,000 after purchasing an additional 137 shares during the period. Finally, Glenmede Trust Co. NA boosted its stake in shares of Invesco S&P MidCap Quality ETF by 700.0% during the 1st quarter. Glenmede Trust Co. NA now owns 800 shares of the company’s stock valued at $83,000 after purchasing an additional 700 shares in the last quarter.

Invesco S&P MidCap Quality ETF Company Profile

(Get Free Report)

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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