Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Reaches New 12-Month High – Here’s Why

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQGet Free Report)’s share price hit a new 52-week high on Wednesday . The company traded as high as $119.99 and last traded at $119.91, with a volume of 19195 shares trading hands. The stock had previously closed at $118.56.

Invesco S&P MidCap Quality ETF Trading Down 0.1%

The company has a fifty day moving average of $115.10 and a 200-day moving average of $109.98. The company has a market capitalization of $5.68 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97.

Institutional Trading of Invesco S&P MidCap Quality ETF

A number of institutional investors have recently made changes to their positions in the company. Farmers & Merchants Investments Inc. acquired a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter valued at $29,000. PNC Financial Services Group Inc. boosted its stake in Invesco S&P MidCap Quality ETF by 93.6% during the 4th 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 last quarter. SHP Wealth Management acquired a new stake in Invesco S&P MidCap Quality ETF during the 4th quarter worth $33,000. Qube Research & Technologies Ltd purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the second quarter worth $44,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of Invesco S&P MidCap Quality ETF by 1,420.7% during the third quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after buying an additional 412 shares in the last quarter.

Invesco S&P MidCap Quality ETF Company Profile

(Get Free Report)

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.

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