Duncan Williams Asset Management LLC Purchases 9,519 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Duncan Williams Asset Management LLC increased its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 66.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,852 shares of the company’s stock after purchasing an additional 9,519 shares during the period. Invesco S&P MidCap Quality ETF makes up 0.9% of Duncan Williams Asset Management LLC’s portfolio, making the stock its 23rd largest holding. Duncan Williams Asset Management LLC owned about 0.05% of Invesco S&P MidCap Quality ETF worth $2,349,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in XMHQ. Prime Capital Investment Advisors LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 3.7% during the 3rd 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 during the period. Sheets Smith Wealth Management lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 1.4% in the 4th quarter. Sheets Smith Wealth Management now owns 11,458 shares of the company’s stock worth $1,128,000 after buying an additional 159 shares during the period. Key Client Fiduciary Advisors LLC grew its holdings in Invesco S&P MidCap Quality ETF by 2.2% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 7,738 shares of the company’s stock worth $762,000 after acquiring an additional 165 shares in the last quarter. Private Trust Co. NA increased its holdings in Invesco S&P MidCap Quality ETF by 20.3% during the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after buying an additional 223 shares during the period. Finally, Integrated Wealth Concepts LLC raised its position in shares of Invesco S&P MidCap Quality ETF by 1.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 12,973 shares of the company’s stock worth $1,331,000 after acquiring an additional 231 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock opened at $103.87 on Friday. The firm has a market cap of $4.65 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a one year low of $90.18 and a one year high of $110.61. The firm has a 50-day simple moving average of $103.13 and a two-hundred day simple moving average of $101.43.

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.