Thrivent Financial for Lutherans Has $45.81 Million Stock Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Thrivent Financial for Lutherans grew its holdings in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 13.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 472,094 shares of the company’s stock after buying an additional 56,912 shares during the quarter. Thrivent Financial for Lutherans owned 1.05% of Invesco S&P MidCap Quality ETF worth $45,807,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Cape Investment Advisory Inc. bought a new position in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at about $32,000. International Assets Investment Management LLC bought a new position in shares of Invesco S&P MidCap Quality ETF during the second quarter valued at about $54,000. Glassman Wealth Services bought a new position in shares of Invesco S&P MidCap Quality ETF during the first quarter valued at about $56,000. Jones Financial Companies Lllp bought a new position in shares of Invesco S&P MidCap Quality ETF during the fourth quarter valued at about $57,000. Finally, CWM LLC lifted its position in shares of Invesco S&P MidCap Quality ETF by 20.3% during the second quarter. CWM LLC now owns 712 shares of the company’s stock valued at $69,000 after purchasing an additional 120 shares in the last quarter.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ opened at $101.88 on Monday. The company’s 50-day moving average is $99.07 and its 200 day moving average is $102.61. Invesco S&P MidCap Quality ETF has a fifty-two week low of $75.29 and a fifty-two week high of $110.61. The firm has a market capitalization of $4.56 billion, a P/E ratio of 16.29 and a beta of 1.15.

Invesco S&P MidCap Quality ETF Company 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.