1832 Asset Management L.P. Increases Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

1832 Asset Management L.P. raised its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 27.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 549,355 shares of the company’s stock after acquiring an additional 118,503 shares during the quarter. 1832 Asset Management L.P. owned approximately 1.23% of Invesco S&P MidCap Quality ETF worth $60,457,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in XMHQ. Edmond DE Rothschild Holding S.A. purchased a new position in Invesco S&P MidCap Quality ETF during the 1st quarter valued at about $84,108,000. Stifel Financial Corp grew its holdings in shares of Invesco S&P MidCap Quality ETF by 52.4% during the fourth quarter. Stifel Financial Corp now owns 1,582,759 shares of the company’s stock worth $140,410,000 after buying an additional 544,342 shares in the last quarter. Assetmark Inc. purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the fourth quarter worth about $42,488,000. Confluence Investment Management LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the first quarter worth about $52,022,000. Finally, Trilogy Capital Inc. grew its holdings in shares of Invesco S&P MidCap Quality ETF by 1,577.0% during the first quarter. Trilogy Capital Inc. now owns 441,935 shares of the company’s stock worth $48,635,000 after buying an additional 415,583 shares in the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 2.8 %

Shares of NYSEARCA XMHQ traded up $2.73 during midday trading on Friday, reaching $101.85. 285,504 shares of the stock were exchanged, compared to its average volume of 414,541. The company has a market capitalization of $4.56 billion, a P/E ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 52-week low of $75.29 and a 52-week high of $110.61. The stock has a 50 day moving average price of $101.47 and a 200-day moving average price of $101.62.

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.