Invesco S&P MidCap Quality ETF $XMHQ Shares Newly Acquired by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 3rd quarter, Holdings Channel reports. The fund acquired 62,874 shares of the company’s stock, valued at approximately $7,020,000.

Several other large investors have also made changes to their positions in the business. Cetera Investment Advisers boosted its position in shares of Invesco S&P MidCap Quality ETF by 7.3% in the first quarter. Cetera Investment Advisers now owns 1,402,483 shares of the company’s stock valued at $144,975,000 after acquiring an additional 95,372 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P MidCap Quality ETF by 0.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,209,723 shares of the company’s stock worth $136,554,000 after acquiring an additional 7,521 shares during the period. Bank of America Corp DE increased its position in Invesco S&P MidCap Quality ETF by 2.1% during the first quarter. Bank of America Corp DE now owns 657,026 shares of the company’s stock worth $67,917,000 after acquiring an additional 13,566 shares during the period. Waverly Advisors LLC raised its stake in Invesco S&P MidCap Quality ETF by 1,592.6% during the 2nd quarter. Waverly Advisors LLC now owns 469,902 shares of the company’s stock valued at $53,043,000 after purchasing an additional 442,140 shares during the last quarter. Finally, Straightline Group LLC raised its stake in Invesco S&P MidCap Quality ETF by 1.8% during the 2nd quarter. Straightline Group LLC now owns 370,591 shares of the company’s stock valued at $41,832,000 after purchasing an additional 6,632 shares during the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Shares of Invesco S&P MidCap Quality ETF stock opened at $116.80 on Tuesday. Invesco S&P MidCap Quality ETF has a fifty-two week low of $97.49 and a fifty-two week high of $119.99. The firm has a fifty day moving average price of $115.62 and a two-hundred day moving average price of $110.69. The company has a market cap of $5.60 billion, a PE ratio of 16.29 and a beta of 0.98.

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.