Level Four Advisory Services LLC Buys 5,574 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

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

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sheets Smith Wealth Management raised its holdings in Invesco S&P MidCap Quality ETF by 1.4% in the 4th quarter. Sheets Smith Wealth Management now owns 11,458 shares of the company’s stock worth $1,128,000 after acquiring an additional 159 shares during the last quarter. Key Client Fiduciary Advisors LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 2.2% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 7,738 shares of the company’s stock worth $762,000 after purchasing an additional 165 shares during the last quarter. Private Trust Co. NA lifted its holdings in shares of Invesco S&P MidCap Quality ETF by 20.3% during the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after purchasing an additional 223 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of Invesco S&P MidCap Quality ETF by 1.8% during the third quarter. Integrated Wealth Concepts LLC now owns 12,973 shares of the company’s stock valued at $1,331,000 after buying an additional 231 shares during the last quarter. Finally, Lake Street Advisors Group LLC increased its holdings in Invesco S&P MidCap Quality ETF by 7.5% in the 4th quarter. Lake Street Advisors Group LLC now owns 4,063 shares of the company’s stock worth $400,000 after buying an additional 285 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ opened at $93.22 on Friday. The company’s 50-day simple moving average is $97.44 and its two-hundred day simple moving average is $100.71. Invesco S&P MidCap Quality ETF has a 52-week low of $88.70 and a 52-week 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.

Invesco S&P MidCap Quality ETF Cuts Dividend

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