Merit Financial Group LLC Makes New $1.22 Million Investment in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Merit Financial Group LLC bought a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 13,733 shares of the company’s stock, valued at approximately $1,218,000. Merit Financial Group LLC owned approximately 0.10% of Invesco S&P MidCap Quality ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in XMHQ. Whitaker Myers Wealth Managers LTD. raised its stake in shares of Invesco S&P MidCap Quality ETF by 2.7% in the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 6,278 shares of the company’s stock valued at $557,000 after acquiring an additional 166 shares during the period. Geneos Wealth Management Inc. grew its stake in Invesco S&P MidCap Quality ETF by 13.7% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,415 shares of the company’s stock worth $126,000 after buying an additional 170 shares during the last quarter. Truist Financial Corp lifted its stake in Invesco S&P MidCap Quality ETF by 5.1% in the fourth quarter. Truist Financial Corp now owns 4,159 shares of the company’s stock valued at $369,000 after buying an additional 201 shares during the last quarter. MONECO Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 7.0% during the fourth quarter. MONECO Advisors LLC now owns 3,951 shares of the company’s stock valued at $350,000 after acquiring an additional 260 shares during the period. Finally, Aspire Wealth Management Corp boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 9.9% during the fourth quarter. Aspire Wealth Management Corp now owns 3,166 shares of the company’s stock valued at $281,000 after acquiring an additional 286 shares during the period.

Invesco S&P MidCap Quality ETF Trading Up 1.1 %

Shares of NYSEARCA XMHQ opened at $104.84 on Monday. Invesco S&P MidCap Quality ETF has a 12-month low of $71.87 and a 12-month high of $110.61. The company has a market cap of $4.70 billion, a PE ratio of 16.29 and a beta of 1.15. The stock has a 50 day simple moving average of $105.93 and a 200-day simple moving average of $93.68.

Invesco S&P MidCap Quality ETF Company 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.