Parr Mcknight Wealth Management Group LLC Purchases New Stake in Invesco S&P MidCap Quality ETF $XMHQ

Parr Mcknight Wealth Management Group LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 1st quarter, Holdings Channel reports. The fund purchased 31,716 shares of the company’s stock, valued at approximately $3,278,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. PNC Financial Services Group Inc. raised its position in shares of Invesco S&P MidCap Quality ETF by 93.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock valued at $31,000 after purchasing an additional 146 shares during the period. SHP Wealth Management acquired a new position in Invesco S&P MidCap Quality ETF in the 4th quarter valued at about $33,000. Optima Capital LLC acquired a new position in Invesco S&P MidCap Quality ETF in the 4th quarter valued at about $37,000. Qube Research & Technologies Ltd bought a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter valued at about $44,000. Finally, Russell Investments Group Ltd. raised its holdings in Invesco S&P MidCap Quality ETF by 1,420.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock valued at $46,000 after acquiring an additional 412 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ stock opened at $113.33 on Monday. Invesco S&P MidCap Quality ETF has a 12-month low of $97.49 and a 12-month high of $114.84. The company has a market capitalization of $5.42 billion, a PE ratio of 16.29 and a beta of 0.97. The firm has a 50 day moving average price of $110.56 and a two-hundred day moving average price of $107.65.

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.