Fifth Third Bancorp Buys New Stake in Invesco S&P MidCap Quality ETF $XMHQ

Fifth Third Bancorp purchased a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,386 shares of the company’s stock, valued at approximately $1,074,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its holdings in Invesco S&P MidCap Quality ETF by 93.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock valued at $31,000 after purchasing an additional 146 shares in the last quarter. SHP Wealth Management acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth approximately $33,000. Optima Capital LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth approximately $37,000. Qube Research & Technologies Ltd acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth approximately $44,000. Finally, Russell Investments Group Ltd. lifted its position in shares of Invesco S&P MidCap Quality ETF by 1,420.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after buying an additional 412 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Invesco S&P MidCap Quality ETF stock opened at $113.59 on Friday. The business has a 50 day simple moving average of $111.26 and a 200 day simple moving average of $108.24. The company has a market capitalization of $5.42 billion, a PE ratio of 16.29 and a beta of 0.97. Invesco S&P MidCap Quality ETF has a one year low of $97.49 and a one year high of $114.84.

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.