Milestone Investment Advisors LLC Buys 3,683 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Milestone Investment Advisors LLC raised its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 2.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 165,983 shares of the company’s stock after buying an additional 3,683 shares during the period. Invesco S&P MidCap Quality ETF comprises about 4.4% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Milestone Investment Advisors LLC owned 0.37% of Invesco S&P MidCap Quality ETF worth $16,344,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. LPL Financial LLC boosted its position in Invesco S&P MidCap Quality ETF by 7.7% during the fourth quarter. LPL Financial LLC now owns 5,341,244 shares of the company’s stock valued at $525,952,000 after purchasing an additional 381,123 shares during the last quarter. Stifel Financial Corp grew its stake in shares of Invesco S&P MidCap Quality ETF by 8.0% in the 3rd quarter. Stifel Financial Corp now owns 1,668,901 shares of the company’s stock valued at $171,196,000 after buying an additional 124,140 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Invesco S&P MidCap Quality ETF by 6.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,194,776 shares of the company’s stock worth $117,650,000 after buying an additional 76,889 shares during the last quarter. Thrivent Financial for Lutherans raised its position in Invesco S&P MidCap Quality ETF by 11.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,061,614 shares of the company’s stock valued at $107,592,000 after acquiring an additional 112,953 shares in the last quarter. Finally, Annex Advisory Services LLC lifted its stake in Invesco S&P MidCap Quality ETF by 15.9% in the fourth quarter. Annex Advisory Services LLC now owns 1,052,604 shares of the company’s stock valued at $103,650,000 after acquiring an additional 144,450 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 1.5 %

XMHQ stock opened at $93.95 on Thursday. The firm has a 50 day moving average of $96.59 and a two-hundred day moving average of $100.61. Invesco S&P MidCap Quality ETF has a 12 month low of $88.70 and a 12 month high of $109.79. The company has a market capitalization of $5.53 billion, a price-to-earnings ratio of 15.97 and a beta of 1.07.

Invesco S&P MidCap Quality ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.1895 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Invesco S&P MidCap Quality ETF 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.