Commonwealth Equity Services LLC Acquires 296,515 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Commonwealth Equity Services LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 105.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 577,483 shares of the company’s stock after acquiring an additional 296,515 shares during the quarter. Commonwealth Equity Services LLC owned approximately 4.27% of Invesco S&P MidCap Quality ETF worth $51,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of XMHQ. Angeles Wealth Management LLC purchased a new position in Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $43,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in Invesco S&P MidCap Quality ETF in the 4th quarter worth $66,000. Ancora Advisors LLC bought a new stake in Invesco S&P MidCap Quality ETF during the third quarter valued at about $68,000. Geneos Wealth Management Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 13.7% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,415 shares of the company’s stock valued at $126,000 after acquiring an additional 170 shares in the last quarter. Finally, Financial Freedom LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the third quarter worth about $199,000.

Invesco S&P MidCap Quality ETF Trading Up 1.1 %

XMHQ traded up $1.19 on Friday, hitting $104.84. 526,709 shares of the company’s stock traded hands, compared to its average volume of 373,236. The company’s 50 day simple moving average is $105.84 and its 200-day simple moving average is $93.33. Invesco S&P MidCap Quality ETF has a one year low of $71.87 and a one year high of $110.61. The firm has a market cap of $4.70 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.