HighTower Advisors LLC Boosts Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

HighTower Advisors LLC lifted its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 790,463 shares of the company’s stock after acquiring an additional 38,180 shares during the quarter. HighTower Advisors LLC owned 1.76% of Invesco S&P MidCap Quality ETF worth $77,837,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Benjamin Edwards Inc. raised its position in shares of Invesco S&P MidCap Quality ETF by 2,305.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock worth $115,172,000 after purchasing an additional 1,076,075 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth about $92,638,000. Thrivent Financial for Lutherans raised its holdings in Invesco S&P MidCap Quality ETF by 100.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 948,661 shares of the company’s stock valued at $97,314,000 after acquiring an additional 476,567 shares during the last quarter. LPL Financial LLC raised its holdings in Invesco S&P MidCap Quality ETF by 7.7% in the 3rd quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock valued at $508,809,000 after acquiring an additional 356,196 shares during the last quarter. Finally, Independent Advisor Alliance raised its holdings in Invesco S&P MidCap Quality ETF by 1,709.1% in the 4th quarter. Independent Advisor Alliance now owns 235,333 shares of the company’s stock valued at $23,173,000 after acquiring an additional 222,325 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Down 0.2 %

XMHQ stock opened at $91.07 on Thursday. The company has a market cap of $5.56 billion, a price-to-earnings ratio of 15.52 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 12 month low of $90.60 and a 12 month high of $110.61. The firm has a 50-day moving average of $98.92 and a two-hundred day moving average of $101.21.

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.