Connecticut Capital Management Group LLC Buys Shares of 17,659 Invesco S&P MidCap Quality ETF $XMHQ

Connecticut Capital Management Group LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 17,659 shares of the company’s stock, valued at approximately $1,809,000. Invesco S&P MidCap Quality ETF makes up about 1.7% of Connecticut Capital Management Group LLC’s portfolio, making the stock its 16th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in XMHQ. Jane Street Group LLC purchased a new position in Invesco S&P MidCap Quality ETF during the 1st quarter valued at about $1,793,000. Cresset Asset Management LLC purchased a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter valued at about $201,000. Qube Research & Technologies Ltd purchased a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter valued at about $44,000. Betterment LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 16.2% during the 2nd quarter. Betterment LLC now owns 2,755 shares of the company’s stock worth $271,000 after purchasing an additional 385 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Invesco S&P MidCap Quality ETF by 6.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock worth $142,446,000 after purchasing an additional 83,853 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Invesco S&P MidCap Quality ETF stock opened at $109.24 on Thursday. Invesco S&P MidCap Quality ETF has a 12-month low of $95.07 and a 12-month high of $112.49. The stock has a market capitalization of $5.28 billion, a P/E ratio of 16.29 and a beta of 0.98. The firm’s 50-day moving average is $106.39 and its two-hundred day moving average is $105.52.

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.