Mather Group LLC. Makes New Investment in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Mather Group LLC. bought a new stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,075 shares of the company’s stock, valued at approximately $118,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XMHQ. MONECO Advisors LLC increased its position in Invesco S&P MidCap Quality ETF by 7.0% in the fourth quarter. MONECO Advisors LLC now owns 3,951 shares of the company’s stock worth $350,000 after buying an additional 260 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC purchased a new stake in Invesco S&P MidCap Quality ETF in the 4th quarter worth about $66,000. ICA Group Wealth Management LLC bought a new stake in Invesco S&P MidCap Quality ETF in the 4th quarter valued at about $9,516,000. Advisory Services Network LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 5.6% during the fourth quarter. Advisory Services Network LLC now owns 31,699 shares of the company’s stock valued at $2,812,000 after purchasing an additional 1,668 shares during the last quarter. Finally, Enzi Wealth boosted its position in Invesco S&P MidCap Quality ETF by 140.1% during the fourth quarter. Enzi Wealth now owns 81,850 shares of the company’s stock worth $7,874,000 after purchasing an additional 47,765 shares during the period.

Invesco S&P MidCap Quality ETF Stock Up 0.1 %

NYSEARCA XMHQ opened at $102.70 on Friday. The firm has a market cap of $4.60 billion, a P/E ratio of 16.29 and a beta of 1.15. The company’s 50 day moving average is $104.93 and its 200-day moving average is $99.62. Invesco S&P MidCap Quality ETF has a 12-month low of $75.29 and a 12-month high of $110.61.

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.