D.A. Davidson & CO. Makes New Investment in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

D.A. Davidson & CO. bought a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,031 shares of the company’s stock, valued at approximately $397,000.

A number of other institutional investors also recently modified their holdings of XMHQ. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of Invesco S&P MidCap Quality ETF by 20.2% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 2,860 shares of the company’s stock worth $293,000 after acquiring an additional 481 shares during the last quarter. MONECO Advisors LLC raised its stake in shares of Invesco S&P MidCap Quality ETF by 8.8% in the third quarter. MONECO Advisors LLC now owns 5,665 shares of the company’s stock worth $581,000 after acquiring an additional 459 shares during the last quarter. Valmark Advisers Inc. raised its stake in shares of Invesco S&P MidCap Quality ETF by 317.0% in the third quarter. Valmark Advisers Inc. now owns 24,689 shares of the company’s stock worth $2,533,000 after acquiring an additional 18,768 shares during the last quarter. Edge Financial Advisors LLC bought a new position in shares of Invesco S&P MidCap Quality ETF in the third quarter worth about $1,619,000. Finally, HM Payson & Co. bought a new stake in shares of Invesco S&P MidCap Quality ETF during the third quarter worth approximately $1,016,000.

Invesco S&P MidCap Quality ETF Price Performance

XMHQ opened at $96.83 on Thursday. The company has a market cap of $5.91 billion, a price-to-earnings ratio of 15.52 and a beta of 1.07. The firm has a 50 day simple moving average of $100.18 and a 200 day simple moving average of $101.60. Invesco S&P MidCap Quality ETF has a fifty-two week low of $91.95 and a fifty-two week high of $110.61.

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.