CHB Investment Group LLC Makes New $2.50 Million Investment in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

CHB Investment Group LLC purchased a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 24,335 shares of the company’s stock, valued at approximately $2,496,000. CHB Investment Group LLC owned approximately 0.05% of Invesco S&P MidCap Quality ETF as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Sax Wealth Advisors LLC grew its position in Invesco S&P MidCap Quality ETF by 1,435.7% during the third quarter. Sax Wealth Advisors LLC now owns 99,358 shares of the company’s stock worth $10,192,000 after buying an additional 92,888 shares during the period. Madrona Financial Services LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $307,000. Onyx Bridge Wealth Group LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter worth approximately $5,803,000. TruWealth Advisors LLC raised its holdings in Invesco S&P MidCap Quality ETF by 8.9% during the third quarter. TruWealth Advisors LLC now owns 68,001 shares of the company’s stock worth $6,976,000 after purchasing an additional 5,536 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of Invesco S&P MidCap Quality ETF by 47.5% in the third quarter. Global Retirement Partners LLC now owns 7,523 shares of the company’s stock valued at $772,000 after buying an additional 2,421 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA XMHQ opened at $104.96 on Friday. The firm’s 50-day moving average is $100.33 and its two-hundred day moving average is $102.00. The company has a market capitalization of $4.70 billion, a PE ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12-month low of $75.29 and a 12-month high of $110.61.

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.