Cetera Investment Advisers Increases Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Cetera Investment Advisers increased its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 10.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 486,080 shares of the company’s stock after purchasing an additional 45,813 shares during the quarter. Cetera Investment Advisers owned approximately 1.09% of Invesco S&P MidCap Quality ETF worth $47,164,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 31.0% in the second quarter. LPL Financial LLC now owns 4,603,925 shares of the company’s stock worth $446,719,000 after buying an additional 1,090,518 shares in the last quarter. Annex Advisory Services LLC purchased a new stake in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter worth approximately $88,073,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Invesco S&P MidCap Quality ETF during the 1st quarter valued at approximately $84,108,000. Confluence Investment Management LLC purchased a new position in shares of Invesco S&P MidCap Quality ETF in the first quarter valued at $52,022,000. Finally, 1832 Asset Management L.P. purchased a new position in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at $38,221,000.

Invesco S&P MidCap Quality ETF Stock Down 0.7 %

Invesco S&P MidCap Quality ETF stock opened at $101.90 on Wednesday. Invesco S&P MidCap Quality ETF has a twelve month low of $75.29 and a twelve month high of $110.61. The company’s 50-day moving average price is $99.31 and its 200-day moving average price is $102.38. The company has a market cap of $4.57 billion, a PE ratio of 16.29 and a beta of 1.15.

About Invesco S&P MidCap Quality ETF

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.