Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Position Raised by Aspen Wealth Strategies LLC

Aspen Wealth Strategies LLC raised its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,144 shares of the company’s stock after purchasing an additional 5,621 shares during the period. Invesco S&P MidCap Quality ETF accounts for about 5.4% of Aspen Wealth Strategies LLC’s portfolio, making the stock its 5th biggest position. Aspen Wealth Strategies LLC owned about 0.19% of Invesco S&P MidCap Quality ETF worth $8,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in XMHQ. Oakworth Capital Inc. purchased a new stake in Invesco S&P MidCap Quality ETF during the fourth quarter valued at approximately $28,000. MidAtlantic Capital Management Inc. purchased a new stake in Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $77,000. Pinnacle Bancorp Inc. purchased a new stake in Invesco S&P MidCap Quality ETF during the fourth quarter valued at approximately $79,000. Synergy Investment Management LLC purchased a new stake in Invesco S&P MidCap Quality ETF during the fourth quarter valued at approximately $130,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in Invesco S&P MidCap Quality ETF during the fourth quarter valued at approximately $132,000.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ opened at $93.03 on Tuesday. The stock has a market cap of $5.55 billion, a price-to-earnings ratio of 15.57 and a beta of 1.07. The stock’s 50 day moving average price is $98.44 and its 200-day moving average price is $101.01. Invesco S&P MidCap Quality ETF has a one year low of $88.70 and a one year 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.