Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Stock Position Lifted by Meridian Wealth Management LLC

Meridian Wealth Management LLC lifted its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 50.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 54,592 shares of the company’s stock after purchasing an additional 18,241 shares during the quarter. Meridian Wealth Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $5,600,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of XMHQ. Southland Equity Partners LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 5.4% during the second quarter. Southland Equity Partners LLC now owns 2,073 shares of the company’s stock valued at $201,000 after purchasing an additional 106 shares during the last quarter. CWM LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 20.3% during the second quarter. CWM LLC now owns 712 shares of the company’s stock valued at $69,000 after purchasing an additional 120 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 3.7% during the third quarter. Prime Capital Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $352,000 after purchasing an additional 122 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 5.3% during the second quarter. Sequoia Financial Advisors LLC now owns 2,810 shares of the company’s stock valued at $273,000 after purchasing an additional 141 shares during the last quarter. Finally, Willner & Heller LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 6.2% during the second quarter. Willner & Heller LLC now owns 3,463 shares of the company’s stock valued at $336,000 after purchasing an additional 202 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 1.4 %

Shares of NYSEARCA XMHQ opened at $105.30 on Friday. Invesco S&P MidCap Quality ETF has a 12 month low of $82.05 and a 12 month high of $110.61. The company has a market cap of $4.72 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The business has a fifty day simple moving average of $102.45 and a 200-day simple moving average of $101.51.

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.