Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Bought by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC increased its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,651 shares of the company’s stock after acquiring an additional 4,614 shares during the period. Cornerstone Wealth Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $7,449,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. NBC Securities Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth approximately $31,000. MidAtlantic Capital Management Inc. purchased a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at approximately $77,000. Pinnacle Bancorp Inc. purchased a new stake in Invesco S&P MidCap Quality ETF in the 4th quarter valued at approximately $79,000. Private Trust Co. NA lifted its stake in Invesco S&P MidCap Quality ETF by 20.3% in the 3rd quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after buying an additional 223 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in Invesco S&P MidCap Quality ETF by 318.4% in the 3rd quarter. Assetmark Inc. now owns 1,753 shares of the company’s stock valued at $180,000 after buying an additional 1,334 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock opened at $104.04 on Friday. Invesco S&P MidCap Quality ETF has a 1 year low of $90.04 and a 1 year high of $110.61. The stock’s 50 day moving average price is $103.09 and its 200 day moving average price is $101.36. The firm has a market cap of $4.66 billion, a P/E ratio of 16.29 and a beta of 1.15.

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.