Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Shares Acquired by Confluence Investment Management LLC

Confluence Investment Management LLC lifted its stake in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 543,291 shares of the company’s stock after buying an additional 24,968 shares during the period. Confluence Investment Management LLC owned approximately 1.21% of Invesco S&P MidCap Quality ETF worth $53,498,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. FMR LLC boosted its position in Invesco S&P MidCap Quality ETF by 15.3% in the third quarter. FMR LLC now owns 4,315 shares of the company’s stock valued at $443,000 after buying an additional 572 shares during the last quarter. Foundations Investment Advisors LLC purchased a new stake in Invesco S&P MidCap Quality ETF during the third quarter worth $362,000. Raymond James & Associates raised its position in shares of Invesco S&P MidCap Quality ETF by 23.7% in the third quarter. Raymond James & Associates now owns 263,614 shares of the company’s stock worth $27,042,000 after acquiring an additional 50,577 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of Invesco S&P MidCap Quality ETF by 23.7% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,477 shares of the company’s stock worth $357,000 after acquiring an additional 667 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of Invesco S&P MidCap Quality ETF by 7.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 16,252 shares of the company’s stock valued at $1,667,000 after acquiring an additional 1,076 shares during the period.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of Invesco S&P MidCap Quality ETF stock traded up $0.24 on Thursday, hitting $98.71. The company’s stock had a trading volume of 79,528 shares, compared to its average volume of 370,411. The company has a market capitalization of $4.42 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The firm has a fifty day moving average price of $103.66 and a 200-day moving average price of $101.19. Invesco S&P MidCap Quality ETF has a 1 year low of $86.38 and a 1 year high of $110.61.

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.