Baer Investment Advisory LLC Buys Shares of 6,454 Invesco S&P MidCap Quality ETF $XMHQ

Baer Investment Advisory LLC bought a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,454 shares of the company’s stock, valued at approximately $667,000.

A number of other large investors also recently modified their holdings of XMHQ. PNC Financial Services Group Inc. lifted its holdings in Invesco S&P MidCap Quality ETF by 93.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock worth $31,000 after acquiring an additional 146 shares during the last quarter. SHP Wealth Management acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $33,000. Optima Capital LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $37,000. Russell Investments Group Ltd. lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 1,420.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after purchasing an additional 412 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new stake in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth approximately $44,000.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA:XMHQ opened at $113.33 on Friday. The firm has a market capitalization of $5.44 billion, a P/E ratio of 16.29 and a beta of 0.97. The business has a 50 day simple moving average of $109.91 and a 200 day simple moving average of $107.28. Invesco S&P MidCap Quality ETF has a 12-month low of $97.49 and a 12-month high of $114.23.

Invesco S&P MidCap Quality ETF 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.