Cathy Pareto & Associates Inc. Invests $937,000 in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Cathy Pareto & Associates Inc. purchased a new stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,520 shares of the company’s stock, valued at approximately $937,000. Invesco S&P MidCap Quality ETF accounts for 0.9% of Cathy Pareto & Associates Inc.’s investment portfolio, making the stock its 28th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kingswood Wealth Advisors LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF by 201.6% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 27,293 shares of the company’s stock valued at $2,688,000 after purchasing an additional 18,244 shares during the period. Andina Capital Management LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF during the 4th quarter valued at $847,000. Duncan Williams Asset Management LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 66.4% in the 4th quarter. Duncan Williams Asset Management LLC now owns 23,852 shares of the company’s stock worth $2,349,000 after acquiring an additional 9,519 shares in the last quarter. Precedent Wealth Partners LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth about $4,329,000. Finally, PCG Wealth Advisors LLC boosted its stake in Invesco S&P MidCap Quality ETF by 8.1% during the fourth quarter. PCG Wealth Advisors LLC now owns 50,877 shares of the company’s stock worth $5,010,000 after acquiring an additional 3,821 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA XMHQ opened at $103.87 on Monday. The company has a 50 day simple moving average of $103.13 and a two-hundred day simple moving average of $101.47. Invesco S&P MidCap Quality ETF has a fifty-two week low of $90.18 and a fifty-two week high of $110.61. The company has a market capitalization of $4.65 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15.

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.