Fifth Third Securities Inc. Makes New Investment in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Fifth Third Securities Inc. bought a new stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the second quarter, Holdings Channel reports. The institutional investor bought 86,684 shares of the company’s stock, valued at approximately $8,411,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Keystone Wealth Services LLC boosted its stake in Invesco S&P MidCap Quality ETF by 13.8% in the second quarter. Keystone Wealth Services LLC now owns 14,982 shares of the company’s stock worth $1,454,000 after purchasing an additional 1,819 shares in the last quarter. Fermata Advisors LLC acquired a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter worth about $8,126,000. Sax Wealth Advisors LLC bought a new stake in Invesco S&P MidCap Quality ETF during the 2nd quarter worth about $628,000. Annex Advisory Services LLC acquired a new stake in Invesco S&P MidCap Quality ETF in the 2nd quarter valued at about $88,073,000. Finally, Southland Equity Partners LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 5.4% in the second quarter. Southland Equity Partners LLC now owns 2,073 shares of the company’s stock worth $201,000 after acquiring an additional 106 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of XMHQ stock traded down $0.79 during trading hours on Monday, reaching $95.80. 328,219 shares of the company were exchanged, compared to its average volume of 409,643. Invesco S&P MidCap Quality ETF has a fifty-two week low of $75.29 and a fifty-two week high of $110.61. The stock’s fifty day moving average is $99.60 and its two-hundred day moving average is $102.37. The company has a market cap of $4.29 billion, a price-to-earnings 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.