Brookstone Capital Management Purchases 607 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Brookstone Capital Management increased its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 20.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,622 shares of the company’s stock after purchasing an additional 607 shares during the period. Brookstone Capital Management’s holdings in Invesco S&P MidCap Quality ETF were worth $357,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. NBC Securities Inc. bought a new stake in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $31,000. MidAtlantic Capital Management Inc. bought a new stake in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $77,000. Private Trust Co. NA grew its position in Invesco S&P MidCap Quality ETF by 20.3% in the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after acquiring an additional 223 shares during the period. Assetmark Inc. grew its position in Invesco S&P MidCap Quality ETF by 318.4% in the third quarter. Assetmark Inc. now owns 1,753 shares of the company’s stock valued at $180,000 after acquiring an additional 1,334 shares during the period. Finally, Biltmore Family Office LLC bought a new stake in Invesco S&P MidCap Quality ETF in the third quarter valued at $210,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $102.32 on Friday. The business’s fifty day moving average price is $103.21 and its two-hundred day moving average price is $101.17. Invesco S&P MidCap Quality ETF has a fifty-two week low of $87.85 and a fifty-two week high of $110.61. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15.

Invesco S&P MidCap Quality ETF Company 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.