Lighthouse Wealth Management Inc. Acquires Shares of 77,269 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Lighthouse Wealth Management Inc. bought a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the fourth quarter, HoldingsChannel reports. The firm bought 77,269 shares of the company’s stock, valued at approximately $7,609,000. Invesco S&P MidCap Quality ETF accounts for 7.0% of Lighthouse Wealth Management Inc.’s holdings, making the stock its 7th largest holding.

Several other large investors have also recently modified their holdings of XMHQ. United Asset Strategies Inc. lifted its stake in Invesco S&P MidCap Quality ETF by 45.5% in the fourth quarter. United Asset Strategies Inc. now owns 25,845 shares of the company’s stock worth $2,545,000 after purchasing an additional 8,083 shares during the last quarter. Cathy Pareto & Associates Inc. purchased a new position in Invesco S&P MidCap Quality ETF during the 4th quarter valued at $937,000. Kingswood Wealth Advisors LLC grew its position in Invesco S&P MidCap Quality ETF by 201.6% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 27,293 shares of the company’s stock valued at $2,688,000 after acquiring an additional 18,244 shares during the last quarter. Andina Capital Management LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth $847,000. Finally, Duncan Williams Asset Management LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 66.4% during the fourth quarter. Duncan Williams Asset Management LLC now owns 23,852 shares of the company’s stock valued at $2,349,000 after purchasing an additional 9,519 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ stock opened at $103.87 on Monday. Invesco S&P MidCap Quality ETF has a 12 month low of $90.18 and a 12 month high of $110.61. The firm’s 50-day moving average is $103.13 and its 200 day moving average is $101.51. The company has a market capitalization of $4.65 billion, a PE ratio of 16.29 and a beta of 1.15.

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.