Edmond DE Rothschild Holding S.A. Has $87.11 Million Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Edmond DE Rothschild Holding S.A. raised its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 0.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 884,648 shares of the company’s stock after buying an additional 1,645 shares during the quarter. Invesco S&P MidCap Quality ETF comprises approximately 1.5% of Edmond DE Rothschild Holding S.A.’s investment portfolio, making the stock its 12th biggest position. Edmond DE Rothschild Holding S.A.’s holdings in Invesco S&P MidCap Quality ETF were worth $87,111,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. raised its stake 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 valued at $115,172,000 after purchasing an additional 1,076,075 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter valued at approximately $92,638,000. LPL Financial LLC lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 7.7% during the 4th quarter. LPL Financial LLC now owns 5,341,244 shares of the company’s stock worth $525,952,000 after acquiring an additional 381,123 shares during the period. HighTower Advisors LLC boosted its position in shares of Invesco S&P MidCap Quality ETF by 93.0% during the 3rd 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. Finally, Independent Advisor Alliance boosted its position in shares of Invesco S&P MidCap Quality ETF by 1,709.1% during the 4th 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 Price Performance

Shares of XMHQ opened at $91.52 on Monday. The firm has a 50 day simple moving average of $97.23 and a two-hundred day simple moving average of $100.75. Invesco S&P MidCap Quality ETF has a one year low of $88.70 and a one year high of $110.29. The company has a market cap of $5.38 billion, a P/E ratio of 15.97 and a beta of 1.07.

Invesco S&P MidCap Quality ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1895 per share. The ex-dividend date was Monday, March 24th.

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.