TruWealth Advisors LLC Acquires 5,368 Shares of Invesco S&P MidCap Quality ETF $XMHQ

TruWealth Advisors LLC increased its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 309,091 shares of the company’s stock after buying an additional 5,368 shares during the period. Invesco S&P MidCap Quality ETF accounts for 1.6% of TruWealth Advisors LLC’s investment portfolio, making the stock its 18th biggest position. TruWealth Advisors LLC owned approximately 0.62% of Invesco S&P MidCap Quality ETF worth $32,442,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Thrivent Financial for Lutherans increased its position in shares of Invesco S&P MidCap Quality ETF by 57.5% during the second quarter. Thrivent Financial for Lutherans now owns 604,422 shares of the company’s stock valued at $59,378,000 after buying an additional 220,687 shares during the period. Atlantic Union Bankshares Corp purchased a new position in Invesco S&P MidCap Quality ETF during the second quarter valued at approximately $19,603,000. Trust Co. of Toledo NA OH bought a new stake in Invesco S&P MidCap Quality ETF during the 2nd quarter worth approximately $15,746,000. Jones Financial Companies Lllp increased its holdings in Invesco S&P MidCap Quality ETF by 37.4% during the 1st quarter. Jones Financial Companies Lllp now owns 531,383 shares of the company’s stock worth $48,632,000 after acquiring an additional 144,740 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in Invesco S&P MidCap Quality ETF by 100.0% in the 1st quarter. NewEdge Advisors LLC now owns 273,681 shares of the company’s stock worth $25,050,000 after purchasing an additional 136,833 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ opened at $103.52 on Tuesday. The company has a fifty day moving average price of $102.82 and a 200-day moving average price of $102.09. The firm has a market capitalization of $5.19 billion, a P/E ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a one year low of $80.60 and a one year high of $107.19.

About Invesco S&P MidCap Quality ETF

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.