Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Purchased by Penobscot Wealth Management

Penobscot Wealth Management boosted its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,103 shares of the company’s stock after purchasing an additional 2,540 shares during the period. Invesco S&P MidCap Quality ETF makes up about 1.9% of Penobscot Wealth Management’s portfolio, making the stock its 10th largest holding. Penobscot Wealth Management owned 0.09% of Invesco S&P MidCap Quality ETF worth $4,047,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of XMHQ. Assetmark Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 318.4% during the 3rd quarter. Assetmark Inc. now owns 1,753 shares of the company’s stock valued at $180,000 after acquiring an additional 1,334 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 3.7% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $352,000 after acquiring an additional 122 shares during the last quarter. Schrum Private Wealth Management LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 100.0% during the 3rd quarter. Schrum Private Wealth Management LLC now owns 4,600 shares of the company’s stock valued at $472,000 after acquiring an additional 2,300 shares during the last quarter. Snider Financial Group lifted its position in shares of Invesco S&P MidCap Quality ETF by 5.5% during the 3rd quarter. Snider Financial Group now owns 40,519 shares of the company’s stock valued at $4,156,000 after acquiring an additional 2,104 shares during the last quarter. Finally, OneDigital Investment Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter valued at $783,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA:XMHQ opened at $91.07 on Thursday. The stock has a fifty day moving average of $98.92 and a 200-day moving average of $101.21. Invesco S&P MidCap Quality ETF has a one year low of $90.60 and a one year high of $110.61. The company has a market capitalization of $5.56 billion, a PE ratio of 15.52 and a beta of 1.07.

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.