Assetmark Inc. Has $180,000 Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Assetmark Inc. increased its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 318.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,753 shares of the company’s stock after purchasing an additional 1,334 shares during the quarter. Assetmark Inc.’s holdings in Invesco S&P MidCap Quality ETF were worth $180,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in shares of Invesco S&P MidCap Quality ETF by 31.0% in the 2nd quarter. LPL Financial LLC now owns 4,603,925 shares of the company’s stock worth $446,719,000 after purchasing an additional 1,090,518 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P MidCap Quality ETF by 10.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock valued at $120,869,000 after buying an additional 120,084 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Invesco S&P MidCap Quality ETF by 1.6% during the third quarter. Commonwealth Equity Services LLC now owns 1,117,887 shares of the company’s stock worth $114,673,000 after buying an additional 17,488 shares during the last quarter. Annex Advisory Services LLC acquired a new position in shares of Invesco S&P MidCap Quality ETF during the 2nd quarter worth about $88,073,000. Finally, Smith Anglin Financial LLC grew its position in shares of Invesco S&P MidCap Quality ETF by 32.2% during the 3rd quarter. Smith Anglin Financial LLC now owns 752,732 shares of the company’s stock worth $77,215,000 after buying an additional 183,503 shares during the period.

Invesco S&P MidCap Quality ETF Price Performance

Shares of NYSEARCA:XMHQ opened at $102.16 on Friday. The firm’s 50 day simple moving average is $101.87 and its 200 day simple moving average is $101.50. Invesco S&P MidCap Quality ETF has a fifty-two week low of $81.66 and a fifty-two week high of $110.61. The company has a market capitalization of $4.58 billion, a price-to-earnings 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.