Invesco S&P MidCap Quality ETF $XMHQ Shares Purchased by Equitable Trust Co.

Equitable Trust Co. boosted its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 272.7% in the 4th quarter, Holdings Channel reports. The firm owned 329,642 shares of the company’s stock after acquiring an additional 241,196 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for about 1.5% of Equitable Trust Co.’s portfolio, making the stock its 13th largest position. Equitable Trust Co.’s holdings in Invesco S&P MidCap Quality ETF were worth $33,762,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in XMHQ. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at $158,090,000. Farther Finance Advisors LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 2,937.6% in the 4th quarter. Farther Finance Advisors LLC now owns 139,853 shares of the company’s stock worth $14,324,000 after acquiring an additional 135,249 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Invesco S&P MidCap Quality ETF by 17.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 706,521 shares of the company’s stock worth $74,248,000 after acquiring an additional 102,731 shares during the last quarter. Capital Developers LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth $9,999,000. Finally, Wealth Enhancement Trust Services Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth $9,340,000.

Invesco S&P MidCap Quality ETF Stock Up 2.1%

Shares of XMHQ opened at $109.73 on Wednesday. Invesco S&P MidCap Quality ETF has a 52-week low of $93.58 and a 52-week high of $110.03. The company has a market capitalization of $5.30 billion, a PE ratio of 16.29 and a beta of 0.98. The stock has a fifty day simple moving average of $105.43 and a two-hundred day simple moving average of $104.96.

Invesco S&P MidCap Quality ETF 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.