Stonebridge Capital Advisors LLC Makes New Investment in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Stonebridge Capital Advisors LLC bought a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the first quarter, Holdings Channel reports. The institutional investor bought 2,142 shares of the company’s stock, valued at approximately $236,000.

A number of other large investors have also recently bought and sold shares of XMHQ. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the first quarter valued at approximately $84,108,000. Stifel Financial Corp increased its stake in shares of Invesco S&P MidCap Quality ETF by 52.4% in the fourth quarter. Stifel Financial Corp now owns 1,582,759 shares of the company’s stock valued at $140,410,000 after purchasing an additional 544,342 shares during the period. Assetmark Inc. acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at approximately $42,488,000. Confluence Investment Management LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the first quarter valued at approximately $52,022,000. Finally, 1832 Asset Management L.P. acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at approximately $38,221,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA:XMHQ traded up $2.73 during trading hours on Friday, hitting $101.85. The stock had a trading volume of 285,504 shares, compared to its average volume of 414,541. The stock’s fifty day simple moving average is $101.47 and its 200 day simple moving average is $101.53. Invesco S&P MidCap Quality ETF has a 1-year low of $75.29 and a 1-year high of $110.61. The firm has a market capitalization of $4.56 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15.

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.