Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Stock Position Lifted by Fortis Group Advisors LLC

Fortis Group Advisors LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,556 shares of the company’s stock after purchasing an additional 340 shares during the period. Fortis Group Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $636,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XMHQ. Stifel Financial Corp grew its position in Invesco S&P MidCap Quality ETF by 52.4% in the fourth quarter. Stifel Financial Corp now owns 1,582,759 shares of the company’s stock worth $140,410,000 after acquiring an additional 544,342 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Invesco S&P MidCap Quality ETF by 64.7% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 1,033,038 shares of the company’s stock worth $91,641,000 after acquiring an additional 405,781 shares in the last quarter. Annex Advisory Services LLC bought a new stake in Invesco S&P MidCap Quality ETF in the second quarter worth approximately $88,073,000. Commonwealth Equity Services LLC grew its position in Invesco S&P MidCap Quality ETF by 38.7% in the first quarter. Commonwealth Equity Services LLC now owns 800,800 shares of the company’s stock worth $88,128,000 after acquiring an additional 223,317 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. bought a new stake in Invesco S&P MidCap Quality ETF in the first quarter worth approximately $84,108,000.

Invesco S&P MidCap Quality ETF Stock Up 0.8 %

XMHQ stock traded up $0.82 during trading hours on Friday, hitting $101.14. The company’s stock had a trading volume of 143,391 shares, compared to its average volume of 396,043. The company has a market capitalization of $4.53 billion, a PE ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12 month low of $75.29 and a 12 month high of $110.61. The stock has a 50 day moving average price of $98.65 and a two-hundred day moving average price of $102.83.

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.