Golden State Wealth Management LLC Boosts Stock Position in Invesco S&P MidCap Quality ETF $XMHQ

Golden State Wealth Management LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 19.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,175 shares of the company’s stock after acquiring an additional 1,339 shares during the quarter. Golden State Wealth Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $803,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Analysts LLC lifted its holdings in 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 purchasing an additional 164 shares in the last quarter. Hughes Financial Services LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF during the 1st quarter valued at $99,000. Pinnacle Bancorp Inc. lifted its stake in shares of Invesco S&P MidCap Quality ETF by 38.9% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the company’s stock valued at $123,000 after buying an additional 350 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Invesco S&P MidCap Quality ETF by 10.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,714 shares of the company’s stock valued at $157,000 after buying an additional 159 shares in the last quarter. Finally, Compass Ion Advisors LLC bought a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter worth $203,000.

Invesco S&P MidCap Quality ETF Stock Down 1.4%

NYSEARCA:XMHQ opened at $101.41 on Friday. The business’s 50-day simple moving average is $104.67 and its two-hundred day simple moving average is $100.73. Invesco S&P MidCap Quality ETF has a 52 week low of $80.60 and a 52 week high of $109.79. The stock has a market cap of $5.08 billion, a PE ratio of 16.29 and a beta of 1.04.

Invesco S&P MidCap Quality ETF Company 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.