TruWealth Advisors LLC Raises Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

TruWealth Advisors LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 193.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 199,714 shares of the company’s stock after buying an additional 131,713 shares during the period. Invesco S&P MidCap Quality ETF accounts for about 1.2% of TruWealth Advisors LLC’s investment portfolio, making the stock its 27th biggest holding. TruWealth Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $19,666,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of XMHQ. Ameritas Advisory Services LLC boosted its position in Invesco S&P MidCap Quality ETF by 4.2% during the fourth quarter. Ameritas Advisory Services LLC now owns 42,793 shares of the company’s stock valued at $4,214,000 after purchasing an additional 1,731 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 35.9% in the 4th quarter. Arkadios Wealth Advisors now owns 7,555 shares of the company’s stock valued at $744,000 after buying an additional 1,994 shares in the last quarter. TrueWealth Advisors LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 14.5% during the 4th quarter. TrueWealth Advisors LLC now owns 53,415 shares of the company’s stock worth $5,260,000 after acquiring an additional 6,764 shares in the last quarter. Merit Financial Group LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 130.2% during the 4th quarter. Merit Financial Group LLC now owns 86,602 shares of the company’s stock worth $8,528,000 after acquiring an additional 48,985 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its stake in Invesco S&P MidCap Quality ETF by 22.2% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 67,463 shares of the company’s stock valued at $6,643,000 after acquiring an additional 12,254 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 0.3 %

NYSEARCA XMHQ opened at $102.32 on Friday. The firm’s fifty day simple moving average is $103.21 and its two-hundred day simple moving average is $101.17. The firm has a market capitalization of $4.58 billion, a P/E ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12-month low of $87.85 and a 12-month 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.