Journey Advisory Group LLC Raises Holdings in Invesco S&P MidCap Quality ETF $XMHQ

Journey Advisory Group LLC grew its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 10.7% in the fourth quarter, Holdings Channel reports. The firm owned 49,356 shares of the company’s stock after buying an additional 4,785 shares during the quarter. Journey Advisory Group LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $5,055,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XMHQ. Jane Street Group LLC purchased a new stake in Invesco S&P MidCap Quality ETF in the 1st quarter worth $1,793,000. Cresset Asset Management LLC bought a new stake in Invesco S&P MidCap Quality ETF during the 2nd quarter valued at approximately $201,000. Qube Research & Technologies Ltd purchased a new position in Invesco S&P MidCap Quality ETF in the 2nd quarter worth approximately $44,000. Betterment LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 16.2% in the 2nd quarter. Betterment LLC now owns 2,755 shares of the company’s stock worth $271,000 after purchasing an additional 385 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Invesco S&P MidCap Quality ETF by 6.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock worth $142,446,000 after purchasing an additional 83,853 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock opened at $108.89 on Monday. The company’s fifty day moving average price is $105.41 and its 200-day moving average price is $104.74. Invesco S&P MidCap Quality ETF has a one year low of $85.01 and a one year high of $109.79. The company has a market capitalization of $5.28 billion, a PE ratio of 16.29 and a beta of 1.03.

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.