Signature Estate & Investment Advisors LLC Buys 2,232 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Signature Estate & Investment Advisors LLC lifted its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 6.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 37,916 shares of the company’s stock after purchasing an additional 2,232 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Invesco S&P MidCap Quality ETF were worth $3,734,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 7.7% in the fourth quarter. LPL Financial LLC now owns 5,341,244 shares of the company’s stock worth $525,952,000 after purchasing an additional 381,123 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Invesco S&P MidCap Quality ETF by 8.0% in the third quarter. Stifel Financial Corp now owns 1,668,901 shares of the company’s stock worth $171,196,000 after acquiring an additional 124,140 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Invesco S&P MidCap Quality ETF by 6.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,194,776 shares of the company’s stock valued at $117,650,000 after acquiring an additional 76,889 shares during the period. Benjamin Edwards Inc. boosted its position in Invesco S&P MidCap Quality ETF by 2,305.0% in the third quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock worth $115,172,000 after purchasing an additional 1,076,075 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in shares of Invesco S&P MidCap Quality ETF by 11.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,061,614 shares of the company’s stock valued at $107,592,000 after purchasing an additional 112,953 shares during the period.

Invesco S&P MidCap Quality ETF Stock Up 2.5 %

NYSEARCA XMHQ opened at $94.61 on Tuesday. The company has a 50-day moving average price of $97.87 and a 200-day moving average price of $100.81. Invesco S&P MidCap Quality ETF has a 52 week low of $88.70 and a 52 week high of $110.61. The firm has a market capitalization of $5.64 billion, a P/E ratio of 15.57 and a beta of 1.07.

Invesco S&P MidCap Quality ETF Cuts Dividend

The firm 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.