Connecticut Capital Management Group LLC Makes New $1.81 Million Investment in Invesco S&P MidCap Quality ETF $XMHQ

Connecticut Capital Management Group LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 17,659 shares of the company’s stock, valued at approximately $1,809,000. Invesco S&P MidCap Quality ETF accounts for about 1.7% of Connecticut Capital Management Group LLC’s investment portfolio, making the stock its 16th biggest position.

Several other hedge funds also recently modified their holdings of XMHQ. Hazlett Burt & Watson Inc. boosted its stake in shares of Invesco S&P MidCap Quality ETF by 127.2% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 259 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Invesco S&P MidCap Quality ETF by 93.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock worth $31,000 after acquiring an additional 146 shares during the last quarter. Optima Capital LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter worth approximately $37,000. Clearstead Trust LLC boosted its position in shares of Invesco S&P MidCap Quality ETF by 276.7% in the third quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock worth $41,000 after acquiring an additional 285 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the second quarter worth approximately $44,000.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ opened at $109.24 on Thursday. The company’s 50 day simple moving average is $106.39 and its 200 day simple moving average is $105.52. Invesco S&P MidCap Quality ETF has a 1 year low of $95.07 and a 1 year high of $112.49. The stock has a market capitalization of $5.28 billion, a PE ratio of 16.29 and a beta of 0.98.

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.