Snider Financial Group Acquires 6,108 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Snider Financial Group grew its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 15.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 46,627 shares of the company’s stock after purchasing an additional 6,108 shares during the quarter. Invesco S&P MidCap Quality ETF comprises approximately 1.4% of Snider Financial Group’s holdings, making the stock its 19th largest holding. Snider Financial Group owned 0.10% of Invesco S&P MidCap Quality ETF worth $4,591,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Atomi Financial Group Inc. increased its stake in Invesco S&P MidCap Quality ETF by 49.2% in the fourth quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock valued at $303,000 after purchasing an additional 1,016 shares in the last quarter. Truist Financial Corp grew its holdings in shares of Invesco S&P MidCap Quality ETF by 1.6% in the 4th quarter. Truist Financial Corp now owns 30,181 shares of the company’s stock valued at $2,972,000 after buying an additional 487 shares during the period. FMR LLC increased its position in shares of Invesco S&P MidCap Quality ETF by 15.3% in the 3rd quarter. FMR LLC now owns 4,315 shares of the company’s stock valued at $443,000 after buying an additional 572 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter valued at $608,000. Finally, Brookstone Capital Management raised its stake in Invesco S&P MidCap Quality ETF by 20.1% during the 4th quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock worth $357,000 after buying an additional 607 shares during the period.

Invesco S&P MidCap Quality ETF Trading Down 1.3 %

NYSEARCA:XMHQ opened at $92.64 on Wednesday. Invesco S&P MidCap Quality ETF has a 1 year low of $91.15 and a 1 year high of $110.61. The stock has a 50-day moving average price of $99.75 and a two-hundred day moving average price of $101.54. The stock has a market cap of $5.66 billion, a price-to-earnings ratio of 15.52 and a beta of 1.07.

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.