PSI Advisors LLC Buys 963 Shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

PSI Advisors LLC increased its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 2.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,241 shares of the company’s stock after purchasing an additional 963 shares during the period. Invesco S&P MidCap Quality ETF makes up 1.4% of PSI Advisors LLC’s holdings, making the stock its 18th biggest holding. PSI Advisors LLC owned 0.10% of Invesco S&P MidCap Quality ETF worth $4,641,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC grew its stake in Invesco S&P MidCap Quality ETF by 31.0% during 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. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P MidCap Quality ETF by 10.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock worth $120,869,000 after acquiring an additional 120,084 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Invesco S&P MidCap Quality ETF by 1.6% in the third quarter. Commonwealth Equity Services LLC now owns 1,117,887 shares of the company’s stock valued at $114,673,000 after acquiring an additional 17,488 shares during the last quarter. Annex Advisory Services LLC acquired a new position in Invesco S&P MidCap Quality ETF during the second quarter valued at approximately $88,073,000. Finally, Edmond DE Rothschild Holding S.A. bought a new stake in Invesco S&P MidCap Quality ETF during the first quarter worth $84,108,000.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of XMHQ stock opened at $100.96 on Thursday. 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 stock’s fifty day moving average price is $100.83 and its two-hundred day moving average price is $101.80. The company has a market cap of $4.52 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.