Mann Financial Group Inc. Has $5.45 Million Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Mann Financial Group Inc. increased its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 21.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,238 shares of the company’s stock after buying an additional 8,432 shares during the quarter. Invesco S&P MidCap Quality ETF comprises approximately 4.6% of Mann Financial Group Inc.’s investment portfolio, making the stock its 5th biggest position. Mann Financial Group Inc. owned about 0.10% of Invesco S&P MidCap Quality ETF worth $5,445,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Farmers & Merchants Investments Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter worth $29,000. PNC Financial Services Group Inc. increased 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 worth $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 fourth quarter valued at about $33,000. Qube Research & Technologies Ltd acquired a new position in Invesco S&P MidCap Quality ETF in the second quarter valued at about $44,000. Finally, Russell Investments Group Ltd. raised its stake in Invesco S&P MidCap Quality ETF by 1,420.7% in the third quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock valued at $46,000 after purchasing an additional 412 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 0.3%

XMHQ opened at $118.08 on Friday. Invesco S&P MidCap Quality ETF has a twelve month low of $97.49 and a twelve month high of $119.99. The company has a 50-day simple moving average of $115.89 and a 200 day simple moving average of $110.37. The stock has a market capitalization of $5.61 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97.

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.