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

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $111.31 and last traded at $110.76, with a volume of 21149 shares traded. The stock had previously closed at $109.73.

Invesco S&P MidCap Quality ETF Stock Up 1.7%

The firm’s 50-day simple moving average is $105.43 and its 200-day simple moving average is $104.96. The firm has a market capitalization of $5.39 billion, a PE ratio of 16.29 and a beta of 0.98.

Institutional Investors Weigh In On Invesco S&P MidCap Quality ETF

Institutional investors have recently bought and sold shares of the stock. Vantagepoint Investment Advisers LLC bought a new position in Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $158,090,000. Morgan Stanley grew its holdings in Invesco S&P MidCap Quality ETF by 11.7% in the 4th quarter. Morgan Stanley now owns 2,413,021 shares of the company’s stock worth $247,142,000 after acquiring an additional 252,612 shares during the last quarter. Equitable Trust Co. grew its holdings in Invesco S&P MidCap Quality ETF by 272.7% in the 4th quarter. Equitable Trust Co. now owns 329,642 shares of the company’s stock worth $33,762,000 after acquiring an additional 241,196 shares during the last quarter. Blue Water Asset Management purchased a new position in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at about $18,981,000. Finally, Cetera Investment Advisers increased its holdings in Invesco S&P MidCap Quality ETF by 11.6% during the 4th quarter. Cetera Investment Advisers now owns 1,307,111 shares of the company’s stock valued at $133,874,000 after purchasing an additional 135,380 shares during the period.

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.