185,326 Shares in Invesco S&P MidCap Quality ETF $XMHQ Purchased by Blue Water Asset Management

Blue Water Asset Management purchased a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 4th quarter, HoldingsChannel reports. The firm purchased 185,326 shares of the company’s stock, valued at approximately $18,981,000. Invesco S&P MidCap Quality ETF comprises approximately 6.8% of Blue Water Asset Management’s portfolio, making the stock its 5th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XMHQ. Vantagepoint Investment Advisers LLC purchased a new position in Invesco S&P MidCap Quality ETF in the third quarter worth about $158,090,000. Equitable Trust Co. boosted its position in shares of Invesco S&P MidCap Quality ETF by 272.7% during the fourth quarter. Equitable Trust Co. now owns 329,642 shares of the company’s stock valued at $33,762,000 after buying an additional 241,196 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Invesco S&P MidCap Quality ETF by 2,937.6% during the fourth quarter. Farther Finance Advisors LLC now owns 139,853 shares of the company’s stock valued at $14,324,000 after buying an additional 135,249 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Invesco S&P MidCap Quality ETF by 17.0% during the third quarter. Jones Financial Companies Lllp now owns 706,521 shares of the company’s stock valued at $74,248,000 after buying an additional 102,731 shares during the period. Finally, Capital Developers LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the fourth quarter valued at approximately $9,999,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $107.25 on Friday. Invesco S&P MidCap Quality ETF has a 1 year low of $95.07 and a 1 year high of $112.49. The business has a 50 day simple moving average of $105.67 and a two-hundred day simple moving average of $105.23. The firm has a market capitalization of $5.18 billion, a PE ratio of 16.29 and a beta of 0.98.

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.