Masso Torrence Wealth Management Inc. Has $9.74 Million Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Masso Torrence Wealth Management Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 246.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 109,799 shares of the company’s stock after acquiring an additional 78,148 shares during the period. Invesco S&P MidCap Quality ETF makes up approximately 6.6% of Masso Torrence Wealth Management Inc.’s portfolio, making the stock its 2nd biggest position. Masso Torrence Wealth Management Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $9,740,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hunter Associates Investment Management LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth about $5,871,000. J.W. Cole Advisors Inc. acquired a new stake in Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $1,542,000. Western Wealth Management LLC grew its holdings in Invesco S&P MidCap Quality ETF by 6.5% during the 4th quarter. Western Wealth Management LLC now owns 7,469 shares of the company’s stock worth $663,000 after acquiring an additional 455 shares during the last quarter. Family Capital Management Inc. increased its position in Invesco S&P MidCap Quality ETF by 167.8% in the 4th quarter. Family Capital Management Inc. now owns 15,294 shares of the company’s stock valued at $1,357,000 after acquiring an additional 9,582 shares during the period. Finally, Roman Butler Fullerton & Co. bought a new position in shares of Invesco S&P MidCap Quality ETF during the fourth quarter valued at $614,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA:XMHQ traded down $0.69 during mid-day trading on Wednesday, reaching $104.25. 129,371 shares of the company’s stock were exchanged, compared to its average volume of 371,509. Invesco S&P MidCap Quality ETF has a twelve month low of $71.76 and a twelve month high of $110.61. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 16.43 and a beta of 1.15. The business’s fifty day moving average price is $105.15 and its 200-day moving average price is $92.36.

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.