Gerber Kawasaki Wealth & Investment Management Boosts Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Gerber Kawasaki Wealth & Investment Management lifted its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 144,273 shares of the company’s stock after buying an additional 6,640 shares during the period. Gerber Kawasaki Wealth & Investment Management owned approximately 0.29% of Invesco S&P MidCap Quality ETF worth $14,776,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. PNC Financial Services Group Inc. grew its position in shares of Invesco S&P MidCap Quality ETF by 93.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock valued at $31,000 after buying an additional 146 shares during the last quarter. Optima Capital LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter valued at $37,000. Clearstead Trust LLC grew its position in shares of Invesco S&P MidCap Quality ETF by 276.7% in the 3rd quarter. Clearstead Trust LLC now owns 388 shares of the company’s stock valued at $41,000 after buying an additional 285 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter worth $44,000. Finally, Russell Investments Group Ltd. grew its position in Invesco S&P MidCap Quality ETF by 1,420.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after purchasing an additional 412 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $111.30 on Friday. Invesco S&P MidCap Quality ETF has a 1 year low of $95.07 and a 1 year high of $113.29. The company has a market capitalization of $5.37 billion, a P/E ratio of 16.29 and a beta of 0.98. The company’s fifty day moving average is $108.44 and its two-hundred day moving average is $106.34.

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.