Waverly Advisors LLC Has $53.04 Million Position in Invesco S&P MidCap Quality ETF $XMHQ

Waverly Advisors LLC boosted its position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 1,592.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 469,902 shares of the company’s stock after buying an additional 442,140 shares during the quarter. Waverly Advisors LLC owned approximately 0.99% of Invesco S&P MidCap Quality ETF worth $53,043,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new position in Invesco S&P MidCap Quality ETF during the 2nd quarter worth approximately $29,000. PNC Financial Services Group Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 93.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 302 shares of the company’s stock worth $31,000 after purchasing an additional 146 shares in the last quarter. SHP Wealth Management bought a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter worth $33,000. Russell Investments Group Ltd. boosted its holdings in Invesco S&P MidCap Quality ETF by 1,420.7% during the third quarter. Russell Investments Group Ltd. now owns 441 shares of the company’s stock worth $46,000 after purchasing an additional 412 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in Invesco S&P MidCap Quality ETF in the second quarter valued at $44,000.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ stock traded down $1.28 during midday trading on Tuesday, hitting $116.80. The company’s stock had a trading volume of 137,339 shares, compared to its average volume of 207,214. The company’s fifty day moving average price is $116.10 and its 200 day moving average price is $110.54. Invesco S&P MidCap Quality ETF has a twelve month low of $97.49 and a twelve month high of $119.99. The stock has a market capitalization of $5.55 billion, a P/E ratio of 16.29 and a beta of 0.97.

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.