GGM Financials LLC Buys 3,681 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

GGM Financials LLC increased its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 2.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 165,613 shares of the company’s stock after purchasing an additional 3,681 shares during the period. Invesco S&P MidCap Quality ETF accounts for about 14.6% of GGM Financials LLC’s investment portfolio, making the stock its biggest holding. GGM Financials LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $16,989,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Southland Equity Partners LLC raised its holdings in shares of Invesco S&P MidCap Quality ETF by 5.4% during the second quarter. Southland Equity Partners LLC now owns 2,073 shares of the company’s stock worth $201,000 after purchasing an additional 106 shares during the period. CWM LLC raised its stake in Invesco S&P MidCap Quality ETF by 20.3% during the second quarter. CWM LLC now owns 712 shares of the company’s stock worth $69,000 after acquiring an additional 120 shares during the period. PFG Advisors lifted its holdings in Invesco S&P MidCap Quality ETF by 0.4% in the first quarter. PFG Advisors now owns 33,108 shares of the company’s stock worth $3,644,000 after acquiring an additional 140 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in Invesco S&P MidCap Quality ETF by 5.3% in the second quarter. Sequoia Financial Advisors LLC now owns 2,810 shares of the company’s stock valued at $273,000 after acquiring an additional 141 shares during the period. Finally, Willner & Heller LLC grew its holdings in shares of Invesco S&P MidCap Quality ETF by 6.2% during the second quarter. Willner & Heller LLC now owns 3,463 shares of the company’s stock valued at $336,000 after purchasing an additional 202 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 3.5 %

Shares of NYSEARCA XMHQ opened at $105.35 on Thursday. Invesco S&P MidCap Quality ETF has a 12-month low of $78.31 and a 12-month high of $110.61. The company has a market cap of $4.72 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The stock’s 50 day simple moving average is $100.98 and its 200 day simple moving average is $101.47.

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.