Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Purchased by Focus Financial Network Inc.

Focus Financial Network Inc. boosted its holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 3.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 250,815 shares of the company’s stock after buying an additional 7,864 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for about 1.1% of Focus Financial Network Inc.’s investment portfolio, making the stock its 18th largest position. Focus Financial Network Inc. owned approximately 0.56% of Invesco S&P MidCap Quality ETF worth $25,217,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Avid Wealth Partners LLC grew its position in Invesco S&P MidCap Quality ETF by 5.5% in the second quarter. Avid Wealth Partners LLC now owns 53,691 shares of the company’s stock worth $5,210,000 after buying an additional 2,810 shares during the last quarter. Continuum Advisory LLC grew its position in Invesco S&P MidCap Quality ETF by 81.5% during the 2nd quarter. Continuum Advisory LLC now owns 2,022 shares of the company’s stock worth $196,000 after purchasing an additional 908 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Invesco S&P MidCap Quality ETF by 0.4% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 507,105 shares of the company’s stock worth $49,204,000 after purchasing an additional 1,901 shares in the last quarter. OMNI 360 Wealth Inc. grew its position in Invesco S&P MidCap Quality ETF by 138.6% during the 2nd quarter. OMNI 360 Wealth Inc. now owns 6,973 shares of the company’s stock worth $677,000 after purchasing an additional 4,050 shares in the last quarter. Finally, MONECO Advisors LLC grew its position in Invesco S&P MidCap Quality ETF by 38.1% during the 2nd quarter. MONECO Advisors LLC now owns 5,206 shares of the company’s stock worth $505,000 after purchasing an additional 1,435 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA XMHQ traded down $0.85 on Tuesday, hitting $98.71. 426,513 shares of the stock were exchanged, compared to its average volume of 404,751. Invesco S&P MidCap Quality ETF has a 52-week low of $75.29 and a 52-week high of $110.61. The company has a market capitalization of $4.42 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The company’s 50-day moving average price is $99.12 and its two-hundred day moving average price is $102.60.

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.