EverSource Wealth Advisors LLC Buys Shares of 1,336 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

EverSource Wealth Advisors LLC purchased a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,336 shares of the company’s stock, valued at approximately $132,000.

Several other institutional investors and hedge funds have also made changes to their positions in XMHQ. Benjamin Edwards Inc. grew its holdings in Invesco S&P MidCap Quality ETF by 2,305.0% during the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock worth $115,172,000 after acquiring an additional 1,076,075 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth approximately $92,638,000. Thrivent Financial for Lutherans raised its holdings in shares of Invesco S&P MidCap Quality ETF by 100.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 948,661 shares of the company’s stock worth $97,314,000 after purchasing an additional 476,567 shares in the last quarter. HighTower Advisors LLC lifted its stake in Invesco S&P MidCap Quality ETF by 93.0% during the third quarter. HighTower Advisors LLC now owns 752,283 shares of the company’s stock valued at $77,168,000 after purchasing an additional 362,451 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 7.7% during the third quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock worth $508,809,000 after buying an additional 356,196 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

NYSEARCA XMHQ opened at $93.03 on Tuesday. Invesco S&P MidCap Quality ETF has a 1 year low of $88.70 and a 1 year high of $110.61. The business’s fifty day moving average is $98.44 and its two-hundred day moving average is $101.01. The stock has a market capitalization of $5.55 billion, a P/E ratio of 15.57 and a beta of 1.07.

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.