WESCAP Management Group Inc. Raises Stock Position in Invesco S&P MidCap Quality ETF $XMHQ

WESCAP Management Group Inc. boosted its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 508.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,952 shares of the company’s stock after purchasing an additional 72,663 shares during the quarter. Invesco S&P MidCap Quality ETF comprises 1.9% of WESCAP Management Group Inc.’s investment portfolio, making the stock its 14th biggest position. WESCAP Management Group Inc. owned about 0.18% of Invesco S&P MidCap Quality ETF worth $8,542,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Mascagni Wealth Management Inc. grew its position in Invesco S&P MidCap Quality ETF by 8.9% during the second quarter. Mascagni Wealth Management Inc. now owns 55,351 shares of the company’s stock worth $5,438,000 after buying an additional 4,530 shares in the last quarter. Golden State Wealth Management LLC increased its position in shares of Invesco S&P MidCap Quality ETF by 19.6% in the second quarter. Golden State Wealth Management LLC now owns 8,175 shares of the company’s stock worth $803,000 after purchasing an additional 1,339 shares during the last quarter. Fairway Financial LLC raised its stake in Invesco S&P MidCap Quality ETF by 5.9% in the second quarter. Fairway Financial LLC now owns 6,392 shares of the company’s stock valued at $628,000 after purchasing an additional 355 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter worth approximately $19,603,000. Finally, New Millennium Group LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 1.2% in the 2nd quarter. New Millennium Group LLC now owns 42,392 shares of the company’s stock worth $4,165,000 after buying an additional 493 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA XMHQ opened at $101.89 on Friday. The company has a market capitalization of $5.11 billion, a P/E ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a 52-week low of $80.60 and a 52-week high of $109.79. The company has a fifty day moving average of $104.62 and a 200-day moving average of $100.84.

Invesco S&P MidCap Quality ETF Company 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.