WFA Asset Management Corp Acquires Shares of 26,934 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

WFA Asset Management Corp acquired a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 26,934 shares of the company’s stock, valued at approximately $2,964,000. Invesco S&P MidCap Quality ETF comprises approximately 1.5% of WFA Asset Management Corp’s portfolio, making the stock its 12th biggest position. WFA Asset Management Corp owned approximately 0.06% of Invesco S&P MidCap Quality ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of XMHQ. Envestnet Asset Management Inc. grew its position in Invesco S&P MidCap Quality ETF by 63.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 77,674 shares of the company’s stock valued at $6,256,000 after acquiring an additional 30,269 shares during the last quarter. Mariner LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 4.8% in the 3rd quarter. Mariner LLC now owns 19,558 shares of the company’s stock worth $1,575,000 after buying an additional 889 shares during the period. Ancora Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth $68,000. Ameriprise Financial Inc. lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 12.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 641,166 shares of the company’s stock worth $51,639,000 after buying an additional 72,357 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth $1,174,000.

Invesco S&P MidCap Quality ETF Stock Up 0.3 %

Shares of NYSEARCA XMHQ traded up $0.26 during mid-day trading on Wednesday, reaching $96.42. 110,402 shares of the company were exchanged, compared to its average volume of 408,024. The stock has a market cap of $4.32 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. 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 50-day moving average of $104.02 and a 200 day moving average of $100.40.

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.