Bank of Montreal Can Has $8.24 Million Stake in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Bank of Montreal Can lifted its position in shares of Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) by 73.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,705 shares of the company’s stock after buying an additional 33,395 shares during the period. Bank of Montreal Can owned about 0.18% of Invesco S&P MidCap Quality ETF worth $8,235,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of XMHQ. Concentrum Wealth Management grew its position in Invesco S&P MidCap Quality ETF by 119.2% in the fourth quarter. Concentrum Wealth Management now owns 19,831 shares of the company’s stock valued at $1,759,000 after purchasing an additional 10,786 shares in the last quarter. Jones Financial Companies Lllp bought a new position in shares of Invesco S&P MidCap Quality ETF in the 4th quarter valued at about $57,000. Per Stirling Capital Management LLC. increased its position in shares of Invesco S&P MidCap Quality ETF by 8.5% in the fourth quarter. Per Stirling Capital Management LLC. now owns 118,206 shares of the company’s stock valued at $10,486,000 after acquiring an additional 9,233 shares during the last quarter. Cetera Advisor Networks LLC raised its holdings in Invesco S&P MidCap Quality ETF by 72.6% during the fourth quarter. Cetera Advisor Networks LLC now owns 146,540 shares of the company’s stock worth $13,000,000 after acquiring an additional 61,617 shares in the last quarter. Finally, 1832 Asset Management L.P. acquired a new position in Invesco S&P MidCap Quality ETF during the fourth quarter valued at approximately $38,221,000.

Invesco S&P MidCap Quality ETF Stock Up 0.1 %

NYSEARCA:XMHQ opened at $102.50 on Tuesday. Invesco S&P MidCap Quality ETF has a twelve month low of $75.29 and a twelve month high of $110.61. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. The stock’s 50 day moving average price is $99.28 and its two-hundred day moving average price is $102.42.

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.