Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Position Increased by Financial Freedom LLC

Financial Freedom LLC increased its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 12.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,005 shares of the company’s stock after purchasing an additional 2,627 shares during the period. Invesco S&P MidCap Quality ETF accounts for 1.2% of Financial Freedom LLC’s portfolio, making the stock its 24th largest position. Financial Freedom LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $2,364,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in XMHQ. Bank of New York Mellon Corp lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 22.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,363 shares of the company’s stock worth $423,000 after purchasing an additional 796 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 6.5% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 3,919 shares of the company’s stock worth $380,000 after purchasing an additional 239 shares during the last quarter. AE Wealth Management LLC raised its stake in Invesco S&P MidCap Quality ETF by 117.6% during the 2nd quarter. AE Wealth Management LLC now owns 7,139 shares of the company’s stock valued at $693,000 after acquiring an additional 3,858 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in Invesco S&P MidCap Quality ETF by 13.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 472,094 shares of the company’s stock valued at $45,807,000 after acquiring an additional 56,912 shares in the last quarter. Finally, 1832 Asset Management L.P. raised its stake in Invesco S&P MidCap Quality ETF by 6.2% during the 2nd quarter. 1832 Asset Management L.P. now owns 583,201 shares of the company’s stock valued at $56,588,000 after acquiring an additional 33,846 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $102.32 on Monday. The business’s fifty day moving average price is $103.21 and its two-hundred day moving average price is $101.20. 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 has a 1-year low of $87.85 and a 1-year high of $110.61.

Invesco S&P MidCap Quality ETF Company 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.