New Insight Wealth Advisors Increases Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

New Insight Wealth Advisors grew its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 129.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,828 shares of the company’s stock after buying an additional 7,813 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for approximately 0.7% of New Insight Wealth Advisors’ holdings, making the stock its 28th biggest holding. New Insight Wealth Advisors’ holdings in Invesco S&P MidCap Quality ETF were worth $1,362,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of XMHQ. Assetmark Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 318.4% during the third quarter. Assetmark Inc. now owns 1,753 shares of the company’s stock worth $180,000 after purchasing an additional 1,334 shares in the last quarter. Axxcess Wealth Management LLC lifted its stake in Invesco S&P MidCap Quality ETF by 3.9% in the third quarter. Axxcess Wealth Management LLC now owns 19,892 shares of the company’s stock valued at $2,040,000 after buying an additional 739 shares during the last quarter. Colonial River Investments LLC grew its holdings in Invesco S&P MidCap Quality ETF by 4.0% in the 3rd quarter. Colonial River Investments LLC now owns 19,982 shares of the company’s stock worth $2,050,000 after buying an additional 762 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 101.6% in the third quarter. Venturi Wealth Management LLC now owns 21,230 shares of the company’s stock worth $2,178,000 after purchasing an additional 10,697 shares during the period. Finally, Prime Capital Investment Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 3.7% in the third quarter. Prime Capital Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $352,000 after acquiring an additional 122 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA:XMHQ opened at $93.59 on Monday. The company has a 50 day moving average price of $99.34 and a 200 day moving average price of $101.41. The stock has a market capitalization of $5.72 billion, a price-to-earnings ratio of 15.52 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 1-year low of $91.09 and a 1-year high of $110.61.

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.