Advisory Services Network LLC Raises Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Advisory Services Network LLC boosted its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 27.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,437 shares of the company’s stock after purchasing an additional 8,738 shares during the quarter. Advisory Services Network LLC owned approximately 0.09% of Invesco S&P MidCap Quality ETF worth $4,450,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Whitaker Myers Wealth Managers LTD. grew its holdings in Invesco S&P MidCap Quality ETF by 2.7% in the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 6,278 shares of the company’s stock worth $557,000 after purchasing an additional 166 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Invesco S&P MidCap Quality ETF by 13.7% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,415 shares of the company’s stock valued at $126,000 after buying an additional 170 shares during the last quarter. Centaurus Financial Inc. boosted its holdings in Invesco S&P MidCap Quality ETF by 7.4% in the fourth quarter. Centaurus Financial Inc. now owns 2,596 shares of the company’s stock worth $230,000 after acquiring an additional 178 shares in the last quarter. Truist Financial Corp grew its stake in shares of Invesco S&P MidCap Quality ETF by 5.1% during the fourth quarter. Truist Financial Corp now owns 4,159 shares of the company’s stock worth $369,000 after acquiring an additional 201 shares during the last quarter. Finally, MONECO Advisors LLC increased its holdings in shares of Invesco S&P MidCap Quality ETF by 7.0% during the fourth quarter. MONECO Advisors LLC now owns 3,951 shares of the company’s stock valued at $350,000 after acquiring an additional 260 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 1.7 %

Shares of XMHQ traded up $1.65 during trading hours on Friday, reaching $100.89. 751,570 shares of the company traded hands, compared to its average volume of 411,082. The business has a fifty day moving average price of $103.00 and a 200-day moving average price of $100.62. Invesco S&P MidCap Quality ETF has a 12-month low of $75.29 and a 12-month high of $110.61. The stock has a market capitalization of $4.52 billion, a P/E ratio of 16.29 and a beta of 1.15.

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.