Financial Freedom LLC Boosts Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Financial Freedom LLC grew its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQFree Report) by 6.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,378 shares of the company’s stock after acquiring an additional 1,302 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for 1.2% of Financial Freedom LLC’s portfolio, making the stock its 25th biggest holding. Financial Freedom LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $2,193,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. NBC Securities Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF in the 3rd quarter valued at about $31,000. Cape Investment Advisory Inc. purchased a new stake in Invesco S&P MidCap Quality ETF in the 1st quarter worth about $32,000. International Assets Investment Management LLC bought a new stake in Invesco S&P MidCap Quality ETF in the second quarter worth about $54,000. Glassman Wealth Services bought a new position in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at approximately $56,000. Finally, CWM LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF by 20.3% during the 2nd quarter. CWM LLC now owns 712 shares of the company’s stock worth $69,000 after acquiring an additional 120 shares during the last quarter.

Invesco S&P MidCap Quality ETF Trading Up 0.3 %

NYSEARCA:XMHQ opened at $99.14 on Friday. The company has a market cap of $4.44 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a twelve month low of $78.29 and a twelve month high of $110.61. The stock has a fifty day simple moving average of $100.89 and a 200-day simple moving average of $101.49.

About Invesco S&P MidCap Quality ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Receive News & Ratings for Invesco S&P MidCap Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.