Elm3 Financial Group LLC Buys Shares of 8,357 Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Elm3 Financial Group LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,357 shares of the company’s stock, valued at approximately $823,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XMHQ. Benjamin Edwards Inc. grew its position in Invesco S&P MidCap Quality ETF by 2,305.0% in the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock valued at $115,172,000 after purchasing an additional 1,076,075 shares in the last quarter. Thrivent Financial for Lutherans grew 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 valued at $97,314,000 after acquiring an additional 476,567 shares in the last quarter. HighTower Advisors LLC raised its holdings 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 worth $77,168,000 after acquiring an additional 362,451 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 7.7% in the 3rd quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock valued at $508,809,000 after buying an additional 356,196 shares during the last quarter. Finally, Good Life Advisors LLC grew its stake in shares of Invesco S&P MidCap Quality ETF by 123.7% in the third quarter. Good Life Advisors LLC now owns 352,170 shares of the company’s stock valued at $36,126,000 after buying an additional 194,714 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Invesco S&P MidCap Quality ETF stock opened at $101.14 on Thursday. The company’s 50-day moving average is $102.42 and its 200-day moving average is $101.55. The firm has a market capitalization of $4.53 billion, a PE ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a fifty-two week low of $91.95 and a fifty-two week high of $110.61.

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.