Opulen Financial Group LLC Invests $999,000 in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Opulen Financial Group LLC bought a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 10,149 shares of the company’s stock, valued at approximately $999,000. Invesco S&P MidCap Quality ETF makes up about 0.9% of Opulen Financial Group LLC’s portfolio, making the stock its 25th biggest position.

Other hedge funds also recently made changes to their positions in the company. Atomi Financial Group Inc. boosted its position in Invesco S&P MidCap Quality ETF by 49.2% during the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock valued at $303,000 after purchasing an additional 1,016 shares during the period. Truist Financial Corp boosted its position in Invesco S&P MidCap Quality ETF by 1.6% during the 4th quarter. Truist Financial Corp now owns 30,181 shares of the company’s stock valued at $2,972,000 after purchasing an additional 487 shares during the period. FMR LLC boosted its position in Invesco S&P MidCap Quality ETF by 15.3% during the 3rd quarter. FMR LLC now owns 4,315 shares of the company’s stock valued at $443,000 after purchasing an additional 572 shares during the period. Jane Street Group LLC acquired a new position in Invesco S&P MidCap Quality ETF during the 3rd quarter worth $608,000. Finally, Brookstone Capital Management boosted its position in Invesco S&P MidCap Quality ETF by 20.1% during the 4th quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock worth $357,000 after acquiring an additional 607 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ stock opened at $93.95 on Thursday. Invesco S&P MidCap Quality ETF has a 1 year low of $91.15 and a 1 year high of $110.61. The stock has a fifty day moving average of $99.62 and a two-hundred day moving average of $101.48. The firm has a market capitalization of $5.74 billion, a PE ratio of 15.52 and a beta of 1.07.

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.