PCG Wealth Advisors LLC Increases Stake in Invesco S&P MidCap Quality ETF $XMHQ

PCG Wealth Advisors LLC raised its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 12.5% in the 4th quarter, Holdings Channel reports. The fund owned 58,166 shares of the company’s stock after acquiring an additional 6,478 shares during the period. Invesco S&P MidCap Quality ETF accounts for approximately 1.7% of PCG Wealth Advisors LLC’s holdings, making the stock its 17th biggest position. PCG Wealth Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $5,957,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in XMHQ. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the third quarter worth about $158,090,000. Equitable Trust Co. lifted its position in Invesco S&P MidCap Quality ETF by 272.7% in the fourth quarter. Equitable Trust Co. now owns 329,642 shares of the company’s stock valued at $33,762,000 after purchasing an additional 241,196 shares during the period. Farther Finance Advisors LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 2,937.6% in the 4th quarter. Farther Finance Advisors LLC now owns 139,853 shares of the company’s stock valued at $14,324,000 after purchasing an additional 135,249 shares in the last quarter. Jones Financial Companies Lllp increased its position in Invesco S&P MidCap Quality ETF by 17.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 706,521 shares of the company’s stock worth $74,248,000 after purchasing an additional 102,731 shares during the period. Finally, Capital Developers LLC acquired a new position in Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $9,999,000.

Invesco S&P MidCap Quality ETF Trading Up 0.1%

Shares of XMHQ stock opened at $108.88 on Friday. The stock has a 50 day simple moving average of $105.67 and a 200-day simple moving average of $105.22. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 16.29 and a beta of 0.98. Invesco S&P MidCap Quality ETF has a 12-month low of $95.07 and a 12-month high of $112.49.

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.