Westfuller Advisors LLC Invests $1.36 Million in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Westfuller Advisors LLC bought a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,240 shares of the company’s stock, valued at approximately $1,358,000. Invesco S&P MidCap Quality ETF comprises about 1.0% of Westfuller Advisors LLC’s portfolio, making the stock its 29th largest position.

Other institutional investors have also recently modified their holdings of the company. Southland Equity Partners LLC lifted 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 valued at $201,000 after purchasing an additional 106 shares in the last quarter. CWM LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 20.3% in the second quarter. CWM LLC now owns 712 shares of the company’s stock worth $69,000 after buying an additional 120 shares during the period. Prime Capital Investment Advisors LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 3.7% in the third quarter. Prime Capital Investment Advisors LLC now owns 3,428 shares of the company’s stock worth $352,000 after buying an additional 122 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of 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 worth $273,000 after buying an additional 141 shares during the period. Finally, Willner & Heller LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 6.2% in the second quarter. Willner & Heller LLC now owns 3,463 shares of the company’s stock worth $336,000 after buying an additional 202 shares during the period.

Invesco S&P MidCap Quality ETF Stock Down 1.4 %

NYSEARCA XMHQ opened at $102.16 on Friday. The stock’s 50-day moving average price is $101.87 and its 200-day moving average price is $101.50. Invesco S&P MidCap Quality ETF has a 52 week low of $81.66 and a 52 week high of $110.61. The company 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 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.