Invesco S&P MidCap Quality ETF $XMHQ Stock: Cornerstone Wealth Management LLC Raises Position

Cornerstone Wealth Management LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 10.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 102,502 shares of the company’s stock after buying an additional 9,425 shares during the period. Cornerstone Wealth Management LLC owned approximately 0.21% of Invesco S&P MidCap Quality ETF worth $11,444,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Heritage Family Offices LLP acquired a new stake in Invesco S&P MidCap Quality ETF during the 3rd quarter worth about $27,000. Farmers & Merchants Investments Inc. acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter valued at about $29,000. Pinnacle Wealth Planning Services Inc. acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter valued at about $38,000. Root Financial Partners LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter valued at about $48,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 45.4% during the first quarter. PNC Financial Services Group Inc. now owns 439 shares of the company’s stock worth $45,000 after purchasing an additional 137 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ opened at $120.58 on Wednesday. The company’s 50 day moving average price is $115.59 and its 200 day moving average price is $111.36. Invesco S&P MidCap Quality ETF has a 52 week low of $97.49 and a 52 week high of $122.00. The company has a market capitalization of $5.82 billion, a PE ratio of 16.29 and a beta of 0.98.

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.