Cetera Investment Advisers Increases Stock Position in Invesco S&P MidCap Quality ETF $XMHQ

Cetera Investment Advisers boosted its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 7.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,402,483 shares of the company’s stock after buying an additional 95,372 shares during the quarter. Cetera Investment Advisers owned approximately 2.90% of Invesco S&P MidCap Quality ETF worth $144,975,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XMHQ. Morgan Stanley boosted its stake in shares of Invesco S&P MidCap Quality ETF by 11.7% during the 4th quarter. Morgan Stanley now owns 2,413,021 shares of the company’s stock worth $247,142,000 after acquiring an additional 252,612 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Invesco S&P MidCap Quality ETF by 6.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,450,044 shares of the company’s stock valued at $142,446,000 after purchasing an additional 83,853 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Invesco S&P MidCap Quality ETF by 15.1% in the 3rd quarter. Bank of America Corp DE now owns 650,657 shares of the company’s stock valued at $68,293,000 after purchasing an additional 85,149 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Invesco S&P MidCap Quality ETF by 8.2% in the 4th quarter. Wells Fargo & Company MN now owns 563,133 shares of the company’s stock worth $57,676,000 after purchasing an additional 42,658 shares during the period. Finally, Straightline Group LLC raised its holdings in Invesco S&P MidCap Quality ETF by 3.1% in the 4th quarter. Straightline Group LLC now owns 354,219 shares of the company’s stock worth $38,376,000 after purchasing an additional 10,656 shares during the period.

Invesco S&P MidCap Quality ETF Trading Down 0.6%

Shares of XMHQ stock opened at $112.12 on Thursday. Invesco S&P MidCap Quality ETF has a 12-month low of $97.49 and a 12-month high of $114.84. The business’s 50 day moving average is $111.06 and its two-hundred day moving average is $108.14. The company has a market capitalization of $5.36 billion, a P/E ratio of 16.29 and a beta of 0.97.

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.