NewEdge Advisors LLC Buys 5,013 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

NewEdge Advisors LLC raised its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 5.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 96,761 shares of the company’s stock after acquiring an additional 5,013 shares during the quarter. NewEdge Advisors LLC owned approximately 0.22% of Invesco S&P MidCap Quality ETF worth $9,389,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco S&P MidCap Quality ETF by 10.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock valued at $120,869,000 after buying an additional 120,084 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of Invesco S&P MidCap Quality ETF by 73.7% in the second quarter. Bank of Montreal Can now owns 78,705 shares of the company’s stock valued at $8,235,000 after buying an additional 33,395 shares during the last quarter. 1832 Asset Management L.P. raised its holdings in shares of Invesco S&P MidCap Quality ETF by 6.2% in the second quarter. 1832 Asset Management L.P. now owns 583,201 shares of the company’s stock valued at $56,588,000 after buying an additional 33,846 shares during the last quarter. Legacy Financial Advisors Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF in the second quarter valued at about $816,000. Finally, Thrivent Financial for Lutherans raised its holdings in shares of Invesco S&P MidCap Quality ETF by 13.7% in the second quarter. Thrivent Financial for Lutherans now owns 472,094 shares of the company’s stock valued at $45,807,000 after buying an additional 56,912 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Up 0.1 %

Invesco S&P MidCap Quality ETF stock opened at $102.50 on Tuesday. The stock has a 50-day simple moving average of $99.28 and a 200 day simple moving average of $102.42. Invesco S&P MidCap Quality ETF has a 12-month low of $75.29 and a 12-month high of $110.61. The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15.

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.