Dahring Cusmano LLC Purchases New Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Dahring Cusmano LLC purchased a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 74,960 shares of the company’s stock, valued at approximately $7,381,000. Invesco S&P MidCap Quality ETF makes up about 6.7% of Dahring Cusmano LLC’s portfolio, making the stock its 6th biggest holding. Dahring Cusmano LLC owned 0.17% of Invesco S&P MidCap Quality ETF at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Atomi Financial Group Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 49.2% during the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock worth $303,000 after buying an additional 1,016 shares in the last quarter. FMR LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 15.3% during the 3rd quarter. FMR LLC now owns 4,315 shares of the company’s stock worth $443,000 after buying an additional 572 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $608,000. Brookstone Capital Management lifted its position in shares of Invesco S&P MidCap Quality ETF by 20.1% during the 4th quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock worth $357,000 after buying an additional 607 shares in the last quarter. Finally, Foundations Investment Advisors LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $362,000.

Invesco S&P MidCap Quality ETF Stock Down 2.8 %

Shares of XMHQ stock opened at $96.29 on Friday. The company has a 50 day moving average of $100.58 and a 200-day moving average of $101.55. Invesco S&P MidCap Quality ETF has a 12-month low of $91.95 and a 12-month high of $110.61. The firm has a market cap of $4.31 billion, a P/E ratio of 16.29 and a beta of 1.15.

About Invesco S&P MidCap Quality ETF

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.