Altus Wealth Group LLC Grows Stock Position in Invesco S&P MidCap Quality ETF $XMHQ

Altus Wealth Group LLC grew its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 9.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 96,877 shares of the company’s stock after acquiring an additional 8,610 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for approximately 4.1% of Altus Wealth Group LLC’s investment portfolio, making the stock its 6th largest position. Altus Wealth Group LLC owned 0.20% of Invesco S&P MidCap Quality ETF worth $10,014,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in XMHQ. Morgan Stanley raised its stake in Invesco S&P MidCap Quality ETF by 11.7% during the 4th quarter. Morgan Stanley now owns 2,413,021 shares of the company’s stock worth $247,142,000 after buying an additional 252,612 shares during the period. Equitable Trust Co. boosted its holdings in Invesco S&P MidCap Quality ETF by 272.7% in the fourth quarter. Equitable Trust Co. now owns 329,642 shares of the company’s stock worth $33,762,000 after acquiring an additional 241,196 shares in the last quarter. Blue Water Asset Management bought a new position in Invesco S&P MidCap Quality ETF in the fourth quarter worth approximately $18,981,000. Cetera Investment Advisers grew its stake in Invesco S&P MidCap Quality ETF by 11.6% in the fourth quarter. Cetera Investment Advisers now owns 1,307,111 shares of the company’s stock valued at $133,874,000 after acquiring an additional 135,380 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in Invesco S&P MidCap Quality ETF by 2,937.6% in the fourth quarter. Farther Finance Advisors LLC now owns 139,853 shares of the company’s stock valued at $14,324,000 after acquiring an additional 135,249 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA XMHQ opened at $113.33 on Friday. Invesco S&P MidCap Quality ETF has a 52 week low of $97.49 and a 52 week high of $114.23. The business has a 50 day moving average price of $109.91 and a 200-day moving average price of $107.28. The company has a market cap of $5.44 billion, a price-to-earnings ratio of 16.29 and a beta of 0.97.

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.