Axxcess Wealth Management LLC Buys New Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Axxcess Wealth Management LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,153 shares of the company’s stock, valued at approximately $1,858,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. &PARTNERS acquired a new position in Invesco S&P MidCap Quality ETF in the 1st quarter worth about $599,000. ICA Group Wealth Management LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $9,516,000. Advisory Services Network LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 5.6% during the 4th quarter. Advisory Services Network LLC now owns 31,699 shares of the company’s stock valued at $2,812,000 after buying an additional 1,668 shares in the last quarter. Enzi Wealth grew its stake in Invesco S&P MidCap Quality ETF by 140.1% in the 4th quarter. Enzi Wealth now owns 81,850 shares of the company’s stock valued at $7,874,000 after acquiring an additional 47,765 shares during the period. Finally, Global Assets Advisory LLC purchased a new stake in Invesco S&P MidCap Quality ETF in the 1st quarter worth $41,882,000.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA:XMHQ opened at $100.68 on Thursday. The company has a fifty day moving average of $98.98 and a two-hundred day moving average of $102.68. Invesco S&P MidCap Quality ETF has a fifty-two week low of $75.29 and a fifty-two week high of $110.61. The stock has a market capitalization of $4.51 billion, a PE ratio of 16.29 and a beta of 1.15.

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.