1832 Asset Management L.P. Has $60.46 Million Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

1832 Asset Management L.P. increased its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 27.5% in the first quarter, Holdings Channel.com reports. The firm owned 549,355 shares of the company’s stock after acquiring an additional 118,503 shares during the period. 1832 Asset Management L.P.’s holdings in Invesco S&P MidCap Quality ETF were worth $60,457,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James & Associates grew its position in shares of Invesco S&P MidCap Quality ETF by 43.0% during the 4th quarter. Raymond James & Associates now owns 157,509 shares of the company’s stock worth $13,973,000 after buying an additional 47,361 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of Invesco S&P MidCap Quality ETF by 9.8% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 393,879 shares of the company’s stock worth $34,941,000 after buying an additional 35,104 shares during the period. IFG Advisory LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the 4th quarter worth about $309,000. WealthCare Investment Partners LLC grew its position in shares of Invesco S&P MidCap Quality ETF by 77.4% during the 4th quarter. WealthCare Investment Partners LLC now owns 17,779 shares of the company’s stock worth $1,567,000 after buying an additional 7,756 shares during the period. Finally, Good Life Advisors LLC grew its position in shares of Invesco S&P MidCap Quality ETF by 3.4% during the 4th quarter. Good Life Advisors LLC now owns 87,850 shares of the company’s stock worth $7,793,000 after buying an additional 2,896 shares during the period.

Invesco S&P MidCap Quality ETF Stock Up 2.8 %

Shares of XMHQ traded up $2.73 on Friday, hitting $101.85. The company’s stock had a trading volume of 285,504 shares, compared to its average volume of 414,541. The firm’s fifty day moving average price is $101.47 and its 200-day moving average price is $101.62. Invesco S&P MidCap Quality ETF has a fifty-two week low of $75.29 and a fifty-two week high of $110.61. The firm has a market capitalization of $4.56 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.