Silver Oak Securities Incorporated Acquires 3,303 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Silver Oak Securities Incorporated increased its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 21.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 18,806 shares of the company’s stock after acquiring an additional 3,303 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco S&P MidCap Quality ETF were worth $1,855,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in XMHQ. Truist Financial Corp lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 264.2% during the second quarter. Truist Financial Corp now owns 21,491 shares of the company’s stock worth $2,085,000 after buying an additional 15,590 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter valued at $636,000. Atomi Financial Group Inc. bought a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at $212,000. Brookstone Capital Management bought a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at $309,000. Finally, WealthCare Investment Partners LLC grew its position in Invesco S&P MidCap Quality ETF by 18.7% in the 3rd quarter. WealthCare Investment Partners LLC now owns 51,222 shares of the company’s stock worth $5,199,000 after purchasing an additional 8,085 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ opened at $101.14 on Thursday. The company has a 50-day simple moving average of $102.42 and a 200-day simple moving average of $101.55. Invesco S&P MidCap Quality ETF has a 52 week low of $91.95 and a 52 week high of $110.61. The firm has a market capitalization of $4.53 billion, a P/E 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.