Focus Financial Network Inc. Grows Position in Invesco S&P MidCap Quality ETF $XMHQ

Focus Financial Network Inc. increased its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 348,740 shares of the company’s stock after purchasing an additional 5,637 shares during the period. Invesco S&P MidCap Quality ETF makes up about 1.2% of Focus Financial Network Inc.’s investment portfolio, making the stock its 14th largest position. Focus Financial Network Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $39,366,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 1,182.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,849 shares of the company’s stock worth $719,000 after acquiring an additional 6,315 shares during the last quarter. Wealth Advisory Team LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth about $3,405,000. Liberty Square Wealth Partners LLC grew its holdings in Invesco S&P MidCap Quality ETF by 35.6% during the 4th quarter. Liberty Square Wealth Partners LLC now owns 82,514 shares of the company’s stock valued at $8,451,000 after purchasing an additional 21,653 shares during the last quarter. Equitable Trust Co. grew its holdings in 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 valued at $33,762,000 after purchasing an additional 241,196 shares during the last quarter. Finally, Financial Partners Group Inc raised its position in Invesco S&P MidCap Quality ETF by 28.3% in the 4th quarter. Financial Partners Group Inc now owns 45,024 shares of the company’s stock worth $4,793,000 after purchasing an additional 9,924 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA XMHQ opened at $118.49 on Monday. The company has a market cap of $5.63 billion, a P/E ratio of 16.29 and a beta of 0.97. Invesco S&P MidCap Quality ETF has a 1 year low of $97.49 and a 1 year high of $119.33. The firm has a 50-day simple moving average of $112.78 and a two-hundred day simple moving average of $108.86.

About Invesco S&P MidCap Quality ETF

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.