Creative Planning Grows Position in Invesco S&P MidCap Quality ETF $XMHQ

Creative Planning lifted its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 8.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,517 shares of the company’s stock after purchasing an additional 1,571 shares during the quarter. Creative Planning’s holdings in Invesco S&P MidCap Quality ETF were worth $1,917,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in XMHQ. HB Wealth Management LLC bought a new position in Invesco S&P MidCap Quality ETF during the 1st quarter valued at approximately $695,000. Brio Consultants LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at $3,301,000. Arkadios Wealth Advisors grew its stake in shares of Invesco S&P MidCap Quality ETF by 3.3% in the first quarter. Arkadios Wealth Advisors now owns 7,802 shares of the company’s stock worth $714,000 after acquiring an additional 247 shares during the period. Harbour Investments Inc. raised its stake in Invesco S&P MidCap Quality ETF by 8.6% during the 1st quarter. Harbour Investments Inc. now owns 52,785 shares of the company’s stock valued at $4,831,000 after buying an additional 4,170 shares during the last quarter. Finally, MONECO Advisors LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 2.0% in the first quarter. MONECO Advisors LLC now owns 6,418 shares of the company’s stock valued at $587,000 after acquiring an additional 126 shares during the period.

Invesco S&P MidCap Quality ETF Trading Up 2.2%

XMHQ opened at $102.25 on Wednesday. Invesco S&P MidCap Quality ETF has a 1-year low of $80.60 and a 1-year high of $109.47. The company has a market capitalization of $5.12 billion, a PE ratio of 16.29 and a beta of 1.04. The firm’s 50 day simple moving average is $103.46 and its two-hundred day simple moving average is $101.62.

Invesco S&P MidCap Quality ETF 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.