Lighthouse Wealth Management Inc. Buys New Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Lighthouse Wealth Management Inc. purchased a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 77,269 shares of the company’s stock, valued at approximately $7,609,000. Invesco S&P MidCap Quality ETF accounts for approximately 7.0% of Lighthouse Wealth Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Lighthouse Wealth Management Inc. owned approximately 0.17% of Invesco S&P MidCap Quality ETF as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. FMR LLC boosted its position in shares of Invesco S&P MidCap Quality ETF by 15.3% during the third quarter. FMR LLC now owns 4,315 shares of the company’s stock worth $443,000 after acquiring an additional 572 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the 3rd quarter valued at about $608,000. Brookstone Capital Management grew its position in shares of Invesco S&P MidCap Quality ETF by 20.1% during the fourth quarter. Brookstone Capital Management now owns 3,622 shares of the company’s stock valued at $357,000 after purchasing an additional 607 shares in the last quarter. Foundations Investment Advisors LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF in the third quarter worth about $362,000. Finally, Raymond James & Associates lifted its position in shares of Invesco S&P MidCap Quality ETF by 23.7% in the third quarter. Raymond James & Associates now owns 263,614 shares of the company’s stock worth $27,042,000 after buying an additional 50,577 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA XMHQ opened at $103.87 on Monday. The stock has a market capitalization of $4.65 billion, a PE ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 1-year low of $90.18 and a 1-year high of $110.61. The business has a 50 day simple moving average of $103.13 and a two-hundred day simple moving average of $101.51.

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.