Gerber Kawasaki Wealth & Investment Management Purchases 4,448 Shares of Invesco S&P MidCap Quality ETF $XMHQ

Gerber Kawasaki Wealth & Investment Management grew its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 2.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 165,549 shares of the company’s stock after purchasing an additional 4,448 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in Invesco S&P MidCap Quality ETF were worth $18,483,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of XMHQ. Cetera Investment Advisers grew its holdings in shares of Invesco S&P MidCap Quality ETF by 7.3% during the first quarter. Cetera Investment Advisers now owns 1,402,483 shares of the company’s stock worth $144,975,000 after buying an additional 95,372 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 valued at $136,554,000 after buying an additional 7,521 shares during the period. Bank of America Corp DE lifted its stake in shares of 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 valued at $67,917,000 after buying an additional 13,566 shares during the period. Waverly Advisors LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF by 1,592.6% during the second quarter. Waverly Advisors LLC now owns 469,902 shares of the company’s stock valued at $53,043,000 after buying an additional 442,140 shares during the period. Finally, Straightline Group LLC boosted its position in Invesco S&P MidCap Quality ETF by 1.8% during the second quarter. Straightline Group LLC now owns 370,591 shares of the company’s stock worth $41,832,000 after acquiring an additional 6,632 shares during the last quarter.

Invesco S&P MidCap Quality ETF Stock Performance

XMHQ stock opened at $119.81 on Tuesday. The stock has a market capitalization of $5.77 billion, a P/E ratio of 16.29 and a beta of 0.98. Invesco S&P MidCap Quality ETF has a one year low of $97.49 and a one year high of $120.64. The company has a 50 day moving average price of $115.47 and a two-hundred day moving average price of $111.02.

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.