Riverchase Wealth Management LLC Makes New Investment in Invesco S&P MidCap Quality ETF $XMHQ

Riverchase Wealth Management LLC bought a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 2nd quarter, Holdings Channel reports. The firm bought 9,362 shares of the company’s stock, valued at approximately $208,000.

Other institutional investors have also made changes to their positions in the company. HRC Wealth Management LLC grew its holdings in Invesco S&P MidCap Quality ETF by 3.1% during the 2nd quarter. HRC Wealth Management LLC now owns 5,947 shares of the company’s stock worth $671,000 after acquiring an additional 180 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 1.6% during the second quarter. Redhawk Wealth Advisors Inc. now owns 25,164 shares of the company’s stock worth $2,840,000 after purchasing an additional 405 shares in the last quarter. Focus Financial Network Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 1.6% during the second quarter. Focus Financial Network Inc. now owns 348,740 shares of the company’s stock worth $39,366,000 after purchasing an additional 5,637 shares in the last quarter. Melone Private Wealth LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 0.9% during the second quarter. Melone Private Wealth LLC now owns 33,416 shares of the company’s stock valued at $3,772,000 after purchasing an additional 282 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 8.6% during the second quarter. Dynamic Advisor Solutions LLC now owns 6,187 shares of the company’s stock valued at $698,000 after purchasing an additional 492 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ stock opened at $119.05 on Thursday. The company has a 50 day moving average price of $113.23 and a 200 day moving average price of $109.08. Invesco S&P MidCap Quality ETF has a fifty-two week low of $97.49 and a fifty-two week high of $119.79. The stock has a market capitalization of $5.65 billion, a PE ratio of 16.29 and a beta of 0.97.

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.