Penobscot Wealth Management Acquires 1,420 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Penobscot Wealth Management boosted its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 33,092 shares of the company’s stock after buying an additional 1,420 shares during the period. Invesco S&P MidCap Quality ETF makes up approximately 2.0% of Penobscot Wealth Management’s investment portfolio, making the stock its 13th biggest position. Penobscot Wealth Management’s holdings in Invesco S&P MidCap Quality ETF were worth $2,936,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Whitaker Myers Wealth Managers LTD. lifted its stake in Invesco S&P MidCap Quality ETF by 2.7% during the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 6,278 shares of the company’s stock worth $557,000 after purchasing an additional 166 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Invesco S&P MidCap Quality ETF by 13.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,415 shares of the company’s stock worth $126,000 after purchasing an additional 170 shares during the last quarter. Aspire Wealth Management Corp lifted its stake in Invesco S&P MidCap Quality ETF by 9.9% during the fourth quarter. Aspire Wealth Management Corp now owns 3,166 shares of the company’s stock worth $281,000 after purchasing an additional 286 shares during the last quarter. Advisory Alpha LLC lifted its stake in Invesco S&P MidCap Quality ETF by 3.8% during the fourth quarter. Advisory Alpha LLC now owns 8,266 shares of the company’s stock worth $733,000 after purchasing an additional 300 shares during the last quarter. Finally, Aveo Capital Partners LLC lifted its stake in Invesco S&P MidCap Quality ETF by 0.6% during the third quarter. Aveo Capital Partners LLC now owns 66,959 shares of the company’s stock worth $5,393,000 after purchasing an additional 406 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ stock traded down $0.50 during mid-day trading on Thursday, hitting $104.25. 449,037 shares of the stock were exchanged, compared to its average volume of 376,428. The business has a fifty day moving average price of $105.35 and a 200 day moving average price of $92.53. Invesco S&P MidCap Quality ETF has a 12 month low of $71.76 and a 12 month high of $110.61. The stock has a market capitalization of $4.52 billion, a price-to-earnings ratio of 16.43 and a beta of 1.15.

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.