Bank of New York Mellon Corp Boosts Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Bank of New York Mellon Corp raised its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 28.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,146 shares of the company’s stock after acquiring an additional 1,374 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco S&P MidCap Quality ETF were worth $605,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Sheets Smith Wealth Management lifted its stake in shares of 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 purchasing an additional 159 shares during the period. Key Client Fiduciary Advisors LLC increased its holdings in Invesco S&P MidCap Quality ETF by 2.2% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 7,738 shares of the company’s stock valued at $762,000 after buying an additional 165 shares during the last quarter. Private Trust Co. NA raised its position in Invesco S&P MidCap Quality ETF by 20.3% in the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock worth $136,000 after acquiring an additional 223 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 1.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 12,973 shares of the company’s stock worth $1,331,000 after acquiring an additional 231 shares during the last quarter. Finally, Oakworth Capital Inc. bought a new stake in shares of Invesco S&P MidCap Quality ETF during the 4th quarter valued at $28,000.

Invesco S&P MidCap Quality ETF Price Performance

NYSEARCA:XMHQ opened at $93.64 on Thursday. Invesco S&P MidCap Quality ETF has a one year low of $88.70 and a one year high of $110.61. The business has a fifty day moving average price of $97.62 and a 200-day moving average price of $100.76. The firm has a market capitalization of $5.58 billion, a price-to-earnings ratio of 15.57 and a beta of 1.07.

Invesco S&P MidCap Quality ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a $0.1895 dividend. 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.