Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Bought by Independent Advisor Alliance

Independent Advisor Alliance increased its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1,709.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 235,333 shares of the company’s stock after purchasing an additional 222,325 shares during the quarter. Independent Advisor Alliance owned 0.53% of Invesco S&P MidCap Quality ETF worth $23,173,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Atomi Financial Group Inc. raised its holdings in Invesco S&P MidCap Quality ETF by 49.2% in the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock worth $303,000 after purchasing an additional 1,016 shares during the period. Truist Financial Corp raised its holdings in shares of Invesco S&P MidCap Quality ETF by 1.6% during the fourth quarter. Truist Financial Corp now owns 30,181 shares of the company’s stock valued at $2,972,000 after acquiring an additional 487 shares during the last quarter. FMR LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 15.3% during the third quarter. FMR LLC now owns 4,315 shares of the company’s stock valued at $443,000 after acquiring an additional 572 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $608,000. Finally, Brookstone Capital Management raised its holdings in shares of Invesco S&P MidCap Quality ETF by 20.1% during the fourth quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock valued at $357,000 after acquiring an additional 607 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $93.59 on Monday. The business has a 50 day simple moving average of $99.34 and a two-hundred day simple moving average of $101.41. Invesco S&P MidCap Quality ETF has a 12 month low of $91.09 and a 12 month high of $110.61. The stock has a market capitalization of $5.72 billion, a P/E 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.