Financial Freedom LLC Increases Stock Holdings in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Financial Freedom LLC raised its stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 12.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,005 shares of the company’s stock after purchasing an additional 2,627 shares during the quarter. Invesco S&P MidCap Quality ETF accounts for 1.2% of Financial Freedom LLC’s investment portfolio, making the stock its 24th biggest holding. Financial Freedom LLC owned about 0.05% of Invesco S&P MidCap Quality ETF worth $2,364,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NBC Securities Inc. purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the third quarter valued at approximately $31,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the third quarter valued at approximately $77,000. Pinnacle Bancorp Inc. purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the fourth quarter valued at approximately $79,000. Private Trust Co. NA boosted its stake in shares of Invesco S&P MidCap Quality ETF by 20.3% in the third quarter. Private Trust Co. NA now owns 1,322 shares of the company’s stock valued at $136,000 after buying an additional 223 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in shares of Invesco S&P MidCap Quality ETF by 318.4% in the third quarter. Assetmark Inc. now owns 1,753 shares of the company’s stock valued at $180,000 after buying an additional 1,334 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

Invesco S&P MidCap Quality ETF stock opened at $102.32 on Monday. Invesco S&P MidCap Quality ETF has a 1-year low of $87.85 and a 1-year high of $110.61. The company has a market cap of $4.58 billion, a PE ratio of 16.29 and a beta of 1.15. The stock’s 50 day moving average price is $103.21 and its 200 day moving average price is $101.20.

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.