Benjamin Edwards Inc. Has $4.26 Million Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Benjamin Edwards Inc. raised its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 68.0% during the fourth quarter, Holdings Channel reports. The fund owned 47,964 shares of the company’s stock after buying an additional 19,415 shares during the period. Invesco S&P MidCap Quality ETF makes up approximately 0.9% of Benjamin Edwards Inc.’s portfolio, making the stock its 16th largest position. Benjamin Edwards Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $4,255,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter worth about $66,000. Arkadios Wealth Advisors raised its stake in Invesco S&P MidCap Quality ETF by 20.9% during the fourth quarter. Arkadios Wealth Advisors now owns 5,852 shares of the company’s stock valued at $519,000 after purchasing an additional 1,013 shares in the last quarter. Aspen Wealth Strategies LLC purchased a new stake in Invesco S&P MidCap Quality ETF during the fourth quarter valued at $6,530,000. Colonial River Wealth Management LLC increased its stake in Invesco S&P MidCap Quality ETF by 16.8% in the 4th quarter. Colonial River Wealth Management LLC now owns 14,603 shares of the company’s stock worth $1,295,000 after buying an additional 2,102 shares during the period. Finally, Penobscot Wealth Management grew its holdings in Invesco S&P MidCap Quality ETF by 4.5% during the 4th quarter. Penobscot Wealth Management now owns 33,092 shares of the company’s stock worth $2,936,000 after acquiring an additional 1,420 shares in the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock traded up $0.95 during trading on Thursday, reaching $103.40. The company had a trading volume of 129,124 shares, compared to its average volume of 370,056. Invesco S&P MidCap Quality ETF has a twelve month low of $71.87 and a twelve month high of $110.61. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The firm has a 50-day simple moving average of $105.79 and a 200-day simple moving average of $93.26.

Invesco S&P MidCap Quality ETF Company 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.