Level Four Advisory Services LLC Raises Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Level Four Advisory Services LLC lifted its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 88,557 shares of the company’s stock after buying an additional 5,574 shares during the period. Level Four Advisory Services LLC owned approximately 0.20% of Invesco S&P MidCap Quality ETF worth $8,720,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Private Trust Co. NA grew its holdings in Invesco S&P MidCap Quality ETF by 20.3% in the 3rd quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock worth $136,000 after acquiring an additional 223 shares during the last quarter. FMR LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 15.3% in the third quarter. FMR LLC now owns 4,315 shares of the company’s stock worth $443,000 after purchasing an additional 572 shares during the last quarter. CreativeOne Wealth LLC raised its holdings in Invesco S&P MidCap Quality ETF by 18.1% in the 3rd quarter. CreativeOne Wealth LLC now owns 22,907 shares of the company’s stock worth $2,350,000 after purchasing an additional 3,507 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in Invesco S&P MidCap Quality ETF by 7.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 16,252 shares of the company’s stock worth $1,667,000 after purchasing an additional 1,076 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter worth about $586,000.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA XMHQ opened at $93.22 on Friday. Invesco S&P MidCap Quality ETF has a 1 year low of $88.70 and a 1 year high of $110.61. The stock has a market capitalization of $5.56 billion, a P/E ratio of 15.57 and a beta of 1.07. The company’s 50-day moving average is $97.44 and its 200 day moving average is $100.71.

Invesco S&P MidCap Quality ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.1895 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.