Principal Securities Inc. Buys 1,627 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Principal Securities Inc. grew its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,005 shares of the company’s stock after acquiring an additional 1,627 shares during the quarter. Principal Securities Inc. owned about 0.14% of Invesco S&P MidCap Quality ETF worth $6,007,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of XMHQ. Atomi Financial Group Inc. increased its holdings in Invesco S&P MidCap Quality ETF by 49.2% in the 4th quarter. Atomi Financial Group Inc. now owns 3,082 shares of the company’s stock worth $303,000 after buying an additional 1,016 shares in the last quarter. FMR LLC increased its holdings in 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 worth $443,000 after buying an additional 572 shares in the last quarter. Jane Street Group LLC bought a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter worth about $608,000. Brookstone Capital Management increased its holdings in Invesco S&P MidCap Quality ETF by 20.1% in 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 in the last quarter. Finally, Foundations Investment Advisors LLC bought a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter worth about $362,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA:XMHQ opened at $100.24 on Monday. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The stock’s 50-day simple moving average is $101.33 and its two-hundred day simple moving average is $101.55. Invesco S&P MidCap Quality ETF has a 52-week low of $91.95 and a 52-week high of $110.61.

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.