Mascagni Wealth Management Inc. increased its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Free Report) by 9.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,327 shares of the company’s stock after buying an additional 4,635 shares during the period. Invesco S&P MidCap Quality ETF comprises approximately 4.1% of Mascagni Wealth Management Inc.’s investment portfolio, making the stock its 4th biggest holding. Mascagni Wealth Management Inc. owned about 0.11% of Invesco S&P MidCap Quality ETF worth $5,719,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of XMHQ. Morgan Stanley increased its holdings in shares of Invesco S&P MidCap Quality ETF by 11.7% in the 4th quarter. Morgan Stanley now owns 2,413,021 shares of the company’s stock valued at $247,142,000 after acquiring an additional 252,612 shares during the period. Equitable Trust Co. lifted its stake in shares of Invesco S&P MidCap Quality ETF by 272.7% during the 4th quarter. Equitable Trust Co. now owns 329,642 shares of the company’s stock worth $33,762,000 after purchasing an additional 241,196 shares during the last quarter. Blue Water Asset Management bought a new stake in Invesco S&P MidCap Quality ETF during the fourth quarter valued at about $18,981,000. Cetera Investment Advisers boosted its position in Invesco S&P MidCap Quality ETF by 11.6% during the fourth quarter. Cetera Investment Advisers now owns 1,307,111 shares of the company’s stock valued at $133,874,000 after purchasing an additional 135,380 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in Invesco S&P MidCap Quality ETF by 2,937.6% in the fourth 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 during the last quarter.
Invesco S&P MidCap Quality ETF Price Performance
XMHQ opened at $114.62 on Friday. The firm has a market capitalization of $5.44 billion, a PE ratio of 16.29 and a beta of 0.97. The business’s 50-day moving average is $111.85 and its two-hundred day moving average is $108.47. Invesco S&P MidCap Quality ETF has a 1 year low of $97.49 and a 1 year high of $115.65.
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.
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