Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 11.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,061,614 shares of the company’s stock after purchasing an additional 112,953 shares during the quarter. Thrivent Financial for Lutherans owned 2.37% of Invesco S&P MidCap Quality ETF worth $107,592,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of XMHQ. Benjamin Edwards Inc. raised its position in Invesco S&P MidCap Quality ETF by 2,305.0% in the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock worth $115,172,000 after acquiring an additional 1,076,075 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Invesco S&P MidCap Quality ETF in the fourth quarter worth $92,638,000. HighTower Advisors LLC raised its position in Invesco S&P MidCap Quality ETF by 93.0% in the third quarter. HighTower Advisors LLC now owns 752,283 shares of the company’s stock worth $77,168,000 after acquiring an additional 362,451 shares in the last quarter. LPL Financial LLC raised its position in Invesco S&P MidCap Quality ETF by 7.7% in the third quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock worth $508,809,000 after acquiring an additional 356,196 shares in the last quarter. Finally, Independent Advisor Alliance raised its position in Invesco S&P MidCap Quality ETF by 1,709.1% in the fourth quarter. Independent Advisor Alliance now owns 235,333 shares of the company’s stock worth $23,173,000 after acquiring an additional 222,325 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA:XMHQ opened at $93.03 on Tuesday. The stock has a fifty day moving average price of $98.44 and a two-hundred day moving average price of $101.01. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 15.57 and a beta of 1.07. Invesco S&P MidCap Quality ETF has a 1 year low of $88.70 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.