Aspen Wealth Strategies LLC Takes $6.53 Million Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Aspen Wealth Strategies LLC acquired a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 73,616 shares of the company’s stock, valued at approximately $6,530,000. Invesco S&P MidCap Quality ETF makes up about 4.7% of Aspen Wealth Strategies LLC’s portfolio, making the stock its 5th biggest holding. Aspen Wealth Strategies LLC owned 0.54% of Invesco S&P MidCap Quality ETF as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in XMHQ. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $66,000. Arkadios Wealth Advisors lifted its stake in Invesco S&P MidCap Quality ETF by 20.9% in the 4th quarter. Arkadios Wealth Advisors now owns 5,852 shares of the company’s stock valued at $519,000 after purchasing an additional 1,013 shares during the last quarter. J2 Capital Management Inc bought a new position in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at approximately $626,000. Masso Torrence Wealth Management Inc. lifted its stake in Invesco S&P MidCap Quality ETF by 10.5% in the 3rd quarter. Masso Torrence Wealth Management Inc. now owns 31,651 shares of the company’s stock valued at $2,549,000 after purchasing an additional 3,018 shares during the last quarter. Finally, Colonial River Wealth Management LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 16.8% during the fourth quarter. Colonial River Wealth Management LLC now owns 14,603 shares of the company’s stock valued at $1,295,000 after acquiring an additional 2,102 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Down 0.5 %

Shares of XMHQ stock traded down $0.57 during trading hours on Tuesday, hitting $103.89. 291,844 shares of the company’s stock traded hands, compared to its average volume of 375,583. The stock’s 50 day simple moving average is $104.26 and its 200 day simple moving average is $91.34. The stock has a market cap of $4.51 billion, a PE ratio of 16.43 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12 month low of $71.76 and a 12 month 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.