TrueWealth Advisors LLC Makes New Investment in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

TrueWealth Advisors LLC acquired a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 46,651 shares of the company’s stock, valued at approximately $4,785,000. Invesco S&P MidCap Quality ETF accounts for 1.6% of TrueWealth Advisors LLC’s holdings, making the stock its 13th largest holding. TrueWealth Advisors LLC owned 0.10% of Invesco S&P MidCap Quality ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. NBC Securities Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $31,000. Cape Investment Advisory Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at approximately $32,000. International Assets Investment Management LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the second quarter valued at approximately $54,000. Glassman Wealth Services bought a new position in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at approximately $56,000. Finally, CWM LLC increased its stake in shares of Invesco S&P MidCap Quality ETF by 20.3% during the second quarter. CWM LLC now owns 712 shares of the company’s stock valued at $69,000 after purchasing an additional 120 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.3 %

Shares of NYSEARCA XMHQ traded up $0.28 on Friday, reaching $99.14. 216,996 shares of the company’s stock traded hands, compared to its average volume of 373,228. Invesco S&P MidCap Quality ETF has a 12 month low of $78.29 and a 12 month high of $110.61. The business’s 50 day simple moving average is $100.89 and its two-hundred day simple moving average is $101.48. The company has a market cap of $4.44 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.