Golden State Wealth Management LLC Purchases 1,205 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Golden State Wealth Management LLC boosted its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 21.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,836 shares of the company’s stock after buying an additional 1,205 shares during the quarter. Golden State Wealth Management LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $626,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of XMHQ. Marshall & Sterling Wealth Advisors Inc. bought a new position in Invesco S&P MidCap Quality ETF during the 4th quarter worth approximately $26,000. Bellwether Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter valued at approximately $28,000. Crewe Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at approximately $33,000. NBC Securities Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF in the first quarter worth approximately $43,000. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the fourth quarter worth $132,000.

Invesco S&P MidCap Quality ETF Stock Up 0.9%

NYSEARCA:XMHQ opened at $100.94 on Friday. The firm has a market capitalization of $5.08 billion, a P/E ratio of 16.29 and a beta of 1.03. Invesco S&P MidCap Quality ETF has a 52 week low of $80.60 and a 52 week high of $109.79. The company has a fifty day moving average of $97.10 and a 200 day moving average of $96.22.

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.