KPP Advisory Services LLC Grows Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

KPP Advisory Services LLC increased its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 181,912 shares of the company’s stock after purchasing an additional 17,899 shares during the period. Invesco S&P MidCap Quality ETF comprises about 4.2% of KPP Advisory Services LLC’s investment portfolio, making the stock its 2nd largest position. KPP Advisory Services LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $17,913,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of XMHQ. Atomi Financial Group Inc. boosted its stake in Invesco S&P MidCap Quality ETF by 49.2% in the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock valued at $303,000 after buying an additional 1,016 shares in the last quarter. FMR LLC boosted its stake in Invesco S&P MidCap Quality ETF by 15.3% in the 3rd quarter. FMR LLC now owns 4,315 shares of the company’s stock valued at $443,000 after buying an additional 572 shares in the last quarter. Jane Street Group LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at $608,000. Brookstone Capital Management boosted its stake in Invesco S&P MidCap Quality ETF by 20.1% in the 4th quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock valued at $357,000 after buying an additional 607 shares in the last quarter. Finally, Foundations Investment Advisors LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at $362,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ stock opened at $101.24 on Monday. The firm has a market cap of $4.54 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The stock’s fifty day simple moving average is $102.90 and its 200 day simple moving average is $101.54. Invesco S&P MidCap Quality ETF has a one year low of $91.21 and a one year high of $110.61.

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.