Fermata Advisors LLC Invests $8.13 Million in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Fermata Advisors LLC acquired a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 83,749 shares of the company’s stock, valued at approximately $8,126,000. Invesco S&P MidCap Quality ETF makes up 1.9% of Fermata Advisors LLC’s holdings, making the stock its 11th largest holding. Fermata Advisors LLC owned approximately 0.19% of Invesco S&P MidCap Quality ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Stifel Financial Corp raised its position 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 purchasing an additional 544,342 shares during the period. Benjamin F. Edwards & Company Inc. raised its position in shares of Invesco S&P MidCap Quality ETF by 64.7% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 1,033,038 shares of the company’s stock worth $91,641,000 after purchasing an additional 405,781 shares during the period. Annex Advisory Services LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the second quarter worth $88,073,000. Commonwealth Equity Services LLC raised its position in shares of Invesco S&P MidCap Quality ETF by 38.7% during the first quarter. Commonwealth Equity Services LLC now owns 800,800 shares of the company’s stock worth $88,128,000 after purchasing an additional 223,317 shares during the period. Finally, Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the first quarter worth $84,108,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ stock traded up $0.02 on Friday, reaching $96.59. 230,556 shares of the company’s stock traded hands, compared to its average volume of 410,175. Invesco S&P MidCap Quality ETF has a 12-month low of $75.29 and a 12-month high of $110.61. The company has a market capitalization of $4.33 billion, a P/E ratio of 16.29 and a beta of 1.15. The business’s 50 day moving average price is $99.77 and its two-hundred day moving average price is $102.25.

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.