New Century Financial Group LLC Invests $209,000 in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

New Century Financial Group LLC acquired a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,900 shares of the company’s stock, valued at approximately $209,000.

Several other hedge funds have also modified their holdings of the business. Jones Financial Companies Lllp purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth about $57,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter valued at $66,000. Ancora Advisors LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the third quarter worth about $68,000. Mather Group LLC. acquired a new position in Invesco S&P MidCap Quality ETF during the 1st quarter worth approximately $118,000. Finally, Westside Investment Management Inc. purchased a new position in shares of Invesco S&P MidCap Quality ETF in the first quarter valued at $125,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $96.42 on Friday. Invesco S&P MidCap Quality ETF has a 1-year low of $75.29 and a 1-year high of $110.61. The business has a 50-day moving average of $103.70 and a 200-day moving average of $100.34. The company has a market capitalization of $4.32 billion, a PE ratio of 16.29 and a beta of 1.15.

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.