Invesco S&P MidCap Quality ETF $XMHQ Shares Newly Acquired by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC bought a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 62,874 shares of the company’s stock, valued at approximately $7,020,000. Verdence Capital Advisors LLC owned 0.13% of Invesco S&P MidCap Quality ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. bought a new stake in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter valued at approximately $29,000. PNC Financial Services Group Inc. increased its holdings in Invesco S&P MidCap Quality ETF by 45.4% in the first quarter. PNC Financial Services Group Inc. now owns 439 shares of the company’s stock worth $45,000 after buying an additional 137 shares during the last quarter. Root Financial Partners LLC bought a new position in Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $48,000. Glenmede Trust Co. NA raised its position in Invesco S&P MidCap Quality ETF by 700.0% during the first quarter. Glenmede Trust Co. NA now owns 800 shares of the company’s stock valued at $83,000 after acquiring an additional 700 shares in the last quarter. Finally, Riverchase Wealth Management LLC bought a new position in Invesco S&P MidCap Quality ETF during the second quarter valued at approximately $208,000.

Invesco S&P MidCap Quality ETF Trading Up 1.0%

XMHQ stock opened at $116.80 on Tuesday. Invesco S&P MidCap Quality ETF has a 1 year low of $97.49 and a 1 year high of $119.99. The company has a fifty day simple moving average of $115.62 and a 200 day simple moving average of $110.69. The firm has a market cap of $5.60 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.