Independent Advisor Alliance lifted its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ – Free Report) by 32.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 13,008 shares of the company’s stock after acquiring an additional 3,221 shares during the period. Independent Advisor Alliance’s holdings in Invesco S&P MidCap Quality ETF were worth $1,334,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in XMHQ. NBC Securities Inc. acquired a new position in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at approximately $31,000. Cape Investment Advisory Inc. acquired a new position in shares of Invesco S&P MidCap Quality ETF in the first quarter valued at $32,000. International Assets Investment Management LLC bought a new position in Invesco S&P MidCap Quality ETF in the second quarter worth $54,000. CWM LLC boosted 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 buying an additional 120 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in Invesco S&P MidCap Quality ETF in the 3rd quarter valued at $77,000.
Invesco S&P MidCap Quality ETF Stock Down 0.8 %
NYSEARCA XMHQ opened at $108.44 on Wednesday. Invesco S&P MidCap Quality ETF has a twelve month low of $82.05 and a twelve month high of $110.61. The stock has a market cap of $4.86 billion, a P/E ratio of 16.29 and a beta of 1.15. The company’s 50-day simple moving average is $102.95 and its 200 day simple moving average is $101.46.
About Invesco S&P MidCap Quality ETF
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.
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