MAI Capital Management Has $2.44 Million Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

MAI Capital Management grew its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 24.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,751 shares of the company’s stock after purchasing an additional 4,661 shares during the period. MAI Capital Management owned about 0.05% of Invesco S&P MidCap Quality ETF worth $2,436,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XMHQ. Westfuller Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF during the third quarter worth about $1,358,000. Thrivent Financial for Lutherans raised its holdings in Invesco S&P MidCap Quality ETF by 100.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 948,661 shares of the company’s stock worth $97,314,000 after buying an additional 476,567 shares during the period. Concord Asset Management LLC VA lifted its stake in Invesco S&P MidCap Quality ETF by 6.6% in the third quarter. Concord Asset Management LLC VA now owns 58,095 shares of the company’s stock valued at $5,959,000 after buying an additional 3,608 shares in the last quarter. KPP Advisory Services LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 418.6% in the third quarter. KPP Advisory Services LLC now owns 164,013 shares of the company’s stock valued at $16,824,000 after buying an additional 132,387 shares during the period. Finally, OneDigital Investment Advisors LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF during the third quarter worth $783,000.

Invesco S&P MidCap Quality ETF Stock Down 0.1 %

Shares of NYSEARCA:XMHQ opened at $102.25 on Wednesday. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12 month low of $82.05 and a 12 month high of $110.61. The company’s fifty day simple moving average is $102.14 and its 200 day simple moving average is $101.46.

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.