Lake Street Advisors Group LLC Grows Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Lake Street Advisors Group LLC grew its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 7.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,063 shares of the company’s stock after purchasing an additional 285 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $400,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XMHQ. Bank of New York Mellon Corp raised its position in shares of Invesco S&P MidCap Quality ETF by 28.8% in the 4th quarter. Bank of New York Mellon Corp now owns 6,146 shares of the company’s stock valued at $605,000 after purchasing an additional 1,374 shares in the last quarter. Colonial River Investments LLC grew its position in Invesco S&P MidCap Quality ETF by 10.3% in the 4th quarter. Colonial River Investments LLC now owns 22,038 shares of the company’s stock valued at $2,170,000 after buying an additional 2,056 shares in the last quarter. MONECO Advisors LLC increased its position in shares of Invesco S&P MidCap Quality ETF by 11.1% during the 4th quarter. MONECO Advisors LLC now owns 6,292 shares of the company’s stock valued at $620,000 after purchasing an additional 627 shares during the period. Sigma Planning Corp raised its holdings in shares of Invesco S&P MidCap Quality ETF by 3.6% in the 4th quarter. Sigma Planning Corp now owns 51,764 shares of the company’s stock worth $5,097,000 after purchasing an additional 1,817 shares in the last quarter. Finally, Dahring Cusmano LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth $7,381,000.

Invesco S&P MidCap Quality ETF Trading Down 1.6 %

Shares of Invesco S&P MidCap Quality ETF stock opened at $95.31 on Friday. The stock has a 50-day moving average price of $100.09 and a 200 day moving average price of $101.55. The company has a market cap of $5.82 billion, a P/E ratio of 15.52 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 1 year low of $91.95 and a 1 year high of $110.61.

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.